Strong Rental Income in a Prime University Precinct
25 Lake Orr Drive, Robina Varsity Towers
A Proven Investment in One of the Gold Coast’s Strongest Student Rental Markets
Positioned within the highly regarded Varsity Towers, this traditional two-bedroom apartment located on the Lakeside of the building with water views presents an excellent opportunity for investors seeking reliable rental income and strong ongoing tenant demand.
Offering approximately 52m of accommodation and currently returning $740 per week, this fully furnished apartment provides an attractive investment opportunity within a purpose-built student accommodation complex.
Varsity Towers benefits from its exceptional location within the Gold Coast’s major university precinct, with strong demand from students attending Bond University and other nearby educational institutions.
Property Highlights
Current rental income of $740 per week
Traditional two-bedroom apartment
Approximately 52m
Fully furnished
Strong history of student occupancy
Excellent rental demand
Purpose-built student accommodation
Professionally managed complex
Ideal investment for investors seeking strong rental returns
Apartment Features
The apartment provides comfortable and practical accommodation for student tenants and includes:
Two separate bedrooms
Functional kitchen/kitchenette
Cooktop
Microwave
Refrigerator
Sink and storage
Private bathroom with shower, vanity and toilet
Split-system air conditioning
High-speed internet access
Fully furnished
Prepaid electricity
Varsity Towers Facilities
Residents have access to a range of convenient on-site facilities, including:
Secure building entry
Lift access to all levels
Professionally managed accommodation complex
On-site laundry facilities
Convenience store
Licensed bar
Secure common areas
Purpose-built student accommodation environment
Outstanding Location
Ideally positioned within one of the Gold Coast’s premier education precincts, Varsity Towers offers excellent convenience for students and strong fundamentals for investors.
The property is:
Approximately 5 minutes’ walk to Bond University via the pedestrian bridge
Close to public transport
Minutes from Robina Town Centre
Conveniently located near cafs, restaurants and shopping
Close to hospitals and medical facilities
A short drive to the Gold Coast’s renowned beaches
The property’s location continues to support strong rental demand from students attending Bond University, Griffith University and Southern Cross University.
Investment Information
Current Rental Return
$740 per week
Approximate Annual Outgoings
Council Rates & Water: Approximately $3,700 per annum
Body Corporate: Approximately $180 per week
Body Corporate includes:
Building Insurance
Sinking Fund Contributions
Maintenance of Common Property
Invest with Confidence
Two-bedroom apartments within Varsity Towers provide investors with an opportunity to secure a well-established, income-producing property in a tightly held student accommodation complex.
With a current rental income of $740 per week, this apartment represents an attractive investment for buyers seeking strong rental returns, consistent student demand and a low-maintenance property in a prime Gold Coast location.
Whether you’re an established investor or looking to add a high-yield property to your portfolio, this apartment deserves your inspection.
Arrange your private inspection today.
Inspections are by appointment only. A minimum of 48 hours’ notice is required to accommodate existing tenants.
Disclaimer
In preparing this information, we have used our best endeavours to ensure the details contained herein are true and accurate. However, we accept no responsibility and disclaim all liability in respect of any errors, omissions or inaccuracies that may occur. Prospective purchasers should make their own enquiries and satisfy themselves as to the accuracy of all information provided.(Listing ID: 21201308 )