Dual Key Apartment with Great Returns within walking distance to Bond University!
    444-446 / 25 Lake Orr Drive
    Under Offer

    Two fully furnished studio apartments on one title and one price!

    The apartments are located on the 4th floor of Varsity Towers with east facing views.

    Great investor property and always rents with the blue chip location of being next to Bond University.

    Each studio room is individually rented.

    Weekly rental:
    Studio 1 - $240.00 per week
    Studio 2 - $240.00 per week.
    Combined Rental - $480 per week.

    - Council Rates - $1750 per annum approx (Investors, Category 2)
    - Water Rates - $1550 per annum approx
    - Body Corp - $110 per week approx
    - Sinking Fund Balance - $972,198.04 as at 29/06/18

    Car parking is delegated on a lottery draw. All tenants in the building with cars go into a lottery draw for a car space - $10 per week is for under cover parking and $5 per week outside but next to the building. This lottery draw happens every semester.

    The building is perfectly suited and continuously rented out to Bond University students and an ideal size.

    This building is conveniently located to all amenities at Bond University, Varsity Lakes, and only a short stroll to public transport, the local shopping centres & the beach.

    - 33 square metres each, 66 square metres combined
    - Fully furnished
    - Air Conditioned
    - Self-contained kitchen
    - Separate bathroom
    - East Facing Balcony
    - High speed internet available
    - Fully licensed bar and games room
    - Walking distance to Bond University.
    - Very high occupancy rate

    Please note, the attached internal photos are not of the actual apartment for sale but are indicative of the design and layout of the apartment.

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

    • Built-In Wardrobes
    • Close to Schools
    • Close to Shops
    • Close to Transport
    • Garden
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    Property Summary

    Property ID: 19311955 Bedrooms: 2 Bathrooms: 2 Cars: 0

    Agent Details

    Agent Name: Darrin Couper Agent Mobile: 0418753450 Agent Phone: 0418753450 Agent Email: Click to Email

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