$200,000 to $220,000
508/616 Glenferrie Road, Hawthorn, VIC 3122
High-Yield Investment – $22,812 Lease & 4% increases in Prestigious Hawthorn
An exceptional opportunity for passive investors, Unit 508 is a fully furnished, professionally managed studio apartment delivering a return of $22,812 per annum through a secure lease to Corporate Living until 2043.
Located within a modern, well-maintained complex in the heart of Hawthorn, this investment offers both peace of mind and long-term consistency. With no ongoing management responsibilities, it's the ideal set-and-forget addition to your portfolio or superannuation strategy.
Thoughtfully designed, the apartment comes complete with stylish interiors, a sleek kitchenette featuring stainless steel appliances (gas cooktop, microwave, fridge, dishwasher), and a comfortable, fully serviced living space.
The complex offers exclusive access to quality shared amenities, including a gym, rooftop BBQ area, laundry facilities, intercom security, and lift access. Surrounded by Glenferrie Road's iconic shopping and dining scene and just moments from public transport and Swinburne University, this blue-chip location ensures strong ongoing demand.
Key Features:
* $22,812 annual return with lease in place through Corporate Living to 2043
* 4% increases year on year
* Fully furnished and well-appointed studio with modern finishes
* Compact kitchen with stainless steel appliances and gas cooking
* Tenant pays owners corporation admin fund in full
* Access to on-site gym, rooftop BBQ, laundry, and secure entry
* Premium inner-east position near cafes, transport & university
With solid returns, a reputable tenant, and a prized location, this is a smart, stress-free investment.
Take advantage of this rare, turn-key investment opportunity in prime Hawthorn and enquire today!
Located within a modern, well-maintained complex in the heart of Hawthorn, this investment offers both peace of mind and long-term consistency. With no ongoing management responsibilities, it's the ideal set-and-forget addition to your portfolio or superannuation strategy.
Thoughtfully designed, the apartment comes complete with stylish interiors, a sleek kitchenette featuring stainless steel appliances (gas cooktop, microwave, fridge, dishwasher), and a comfortable, fully serviced living space.
The complex offers exclusive access to quality shared amenities, including a gym, rooftop BBQ area, laundry facilities, intercom security, and lift access. Surrounded by Glenferrie Road's iconic shopping and dining scene and just moments from public transport and Swinburne University, this blue-chip location ensures strong ongoing demand.
Key Features:
* $22,812 annual return with lease in place through Corporate Living to 2043
* 4% increases year on year
* Fully furnished and well-appointed studio with modern finishes
* Compact kitchen with stainless steel appliances and gas cooking
* Tenant pays owners corporation admin fund in full
* Access to on-site gym, rooftop BBQ, laundry, and secure entry
* Premium inner-east position near cafes, transport & university
With solid returns, a reputable tenant, and a prized location, this is a smart, stress-free investment.
Take advantage of this rare, turn-key investment opportunity in prime Hawthorn and enquire today!
Property Info
Municipality
Hawthorn
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