SOLD By Jon Paul

STUDENT ACCOMMODATION ONLY.

Great Investment Opportunity for first time investors or add to your portfolio this two bedroom fully furnished apartment situated in the northwest corner of the building with views of Lake Orr on level 2. With an affordable price tag, coupled with great potential net and gross rental return. Currently rented out at $385 per week with a lease until December 2022.

Varsity Towers which is built over Lake Orr is a purpose-built student accommodation only 5 minute walk along the board walk to Bond University. Varsity Towers has laundry facilities, limited onsite car parking, a licensed bar, and a convenience store.

• 2 bedroom apartment
• 2 bathrooms
• Open plan living/dining/kitchen
• Balcony
• Purpose built student accommodation
• Fully furnished
• Air conditioning
• High speed internet

On-Site Amenities Include:
• Coin-operated laundry
• Licensed bar & recreation games room
• Security, CCTV cameras, and Intercom
• On-site managers

Income:
• $385 per week

Outgoings:
• Body Corporate $108/week approx.
• Rates - $871 per 6 Monthly approx.
• Water - $330 per quarter approx.

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 - call now to arrange your inspection!

** These photos are indicative

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School catchments

Mastery Schools Australia - Varsity Lakes Campus Combined Independent 0.87km
Mastery Schools Australia - Varsity Lakes Secondary Temporary Facility Secondary Independent 0.87km
Arcadia College - Varsity Lakes Temporary Facility Secondary Independent 1.3km
Miami State School Primary Prep-6 Government 1.4km
Caningeraba State School Primary Prep-6 Government 1.9km
Miami State High School Secondary 7-12 Government 2.0km
Robina State School Primary Prep-6 Government 2.0km
Varsity College Combined Prep-12 Government 2.1km
The Industry School - Gold Coast Secondary 10-12 Independent 3.4km
Burleigh Heads State School Primary Prep-6 Government 3.4km
Marymount Primary School Primary Prep-6 Catholic 3.4km
Marymount College Secondary 7-12 Catholic 3.4km
Merrimac State High School Secondary 7-12 Government 3.5km
King's Christian College Combined Prep-12 Independent 3.7km
Gold Coast Christian College Combined Prep-12 Independent 4.0km
Silkwood School - Robina Campus Combined Independent 4.1km
Broadbeach State School Primary Prep-6 Government 4.2km
Robina State High School Secondary 7-12 Government 4.3km
St Vincent's Primary School Primary Prep-6 Catholic 4.3km
Hillcrest Christian College Combined Prep-12 Independent 4.5km
Clover Hill State School Primary Prep-6 Government 4.9km
Somerset College Combined Prep-12 Independent 5.0km
St Andrews Lutheran College Combined Prep-12 Independent 5.8km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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