622 & 624/25 Lake Orr Drive Robina, QLD 4226

2 X 6TH FLOOR STUDIOS WITH AMAZING VIEWS TO SURFERS PARADISE SKYLINE

2 Studios - One Title - Two Rents - Only 1 Body Corp Fee. Priced to Sell !

Purpose built student accommodation near Bond University. These studios are situated on the 6th floor on the city side at the northern end and have great views of Lake Wonderland and the Surfers Paradise skyline. This pair of bright and spacious studios come fully furnished and has the upgrade of both studios having double beds. (This adds the potential to increase your rent by up to $10 per studio per week beds if rented to a couple.) Your investment is ready to go immediately. Both studios rent for $255 each per week, that's $510 for the pair.

The two studios are on one title, so only one body corporate levy of approx $98 per week, this includes building insurance, sinking fund and gas hot water. Plus a special levy til 2018/9 for $250 per quarter per pair to allow for exterior painting of the complex, replacement of windows and some rectification work.

Studio Features Include:

• Surfers Paradise skyline views.
• A complete Furniture Package Included - appliances, crockery and cutlery.
• Air conditioned.
• Full Security - Electric access cards, cameras and onsite security are in place to ensure complete protection.
• Off road parking in private road.
• Access to high speed internet and cable TV.
• Licensed bar and recreation room for exclusive use of tenants.
• On-site laundry.
• Total approx. 66 m2.
• Body corporate approximately $98 per week.
• Healthy sinking fund of over $1,000,000.00
• Council rates and water approx. $3,200 a year
• Great onsite managers.
• Average annual Occupancy rates for Varsity Towers of around 93%.
• Units are in high demand
• Situated along side Bond University.
• Sought after location - Minutes to Burleigh Beach, a short walk or cycle to Bond University, Fitness First Gym and Varsity Tavern across the road.

Solid investment opportunity - This won't last for long! Call now to arrange your inspection!

Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.