236 & 238/25 Lake Orr Drive, ROBINA QLD

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236 & 238/25 Lake Orr Drive, ROBINA

Sold For $215,000

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Two Separate Fully Furnished studios. Make an offer!

Needs to sell, make an offer!

Potential gross rental income of $490/week!

Rare chance to pay one set of outgoings, for two sources of cashflow.

Rental Guarantee of $245 per week available for first 6 months.

It is my pleasure to introduce two fully separate apartments, with appliances and furniture included under one title located on the 2nd floor.

With an affordable price tag, coupled with great potential net and gross rental return, these apartments represent a great cash flow positive entry level investment. Suitable for those looking to add to their portfolio on a budget, or the new investor.

These studio apartments are thoughtfully designed for student lifestyle, ideally situated within short walking distance of Bond University. It represent a preferred choice for students, featuring easterly facing balconies with leafy green outlook.

Both fully furnished studios feature split system air conditioning, and access to high-speed internet. Each studio is approximately 31m2 in size (approx. 62m2 in total). Full security for your investment is provided via electronic card access, CCTV cameras and Intercom.

These studios typically rent for $245/week each, with one studio currently tenanted and the seller providing a rental guarantee for up to 6 months for one studio. Combined gross rental income of $490/week! With an approximate gross rental yield of over 12%!

Key Features:
• 2 x Studio apartments
•Rental guarantee of $245/week for first 6 months
•one unit currently tenanted at $245/week.
• Purpose built student accommodation
• Completely furnished, including appliances
• Split system air conditioning
• High speed internet
• Full security
• Walking distance from Bond University
On Site Amenities Include:
• Students coin operated laundry
• Licensed bar & recreation games room.
• Body corporate fees are approx. $98/week. (Includes gas hot water, sinking fund and building insurance.)
• Low Gold Coast City Council rates approx. $2,800 per annum

Contact Listing agent Bradley Todd for enquires 0412 034 826, private inspections available upon request.

Disclaimer:
Everyone who visits our Open Homes will need to check-in.
Along with the Check In QLD app, our agents will check you in to our database as per our office policy.

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  • Built-In-Robes

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  • Property ID 4UE7F41

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Roelien Powell

Sales Specialist | L.R.E.A. | Independent Contractor

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