$200,000 to $220,000

513/616 Glenferrie Road, Hawthorn, VIC 3122


Effortless Investment with $19,351 Annual Return

Set-and-forget investing doesn't get easier than this. Unit 513 is a fully furnished, professionally managed studio apartment secured under a long-term lease to Corporate Living until 2043-delivering a net return of $19,351 per annum after costs.

Positioned in a sleek, contemporary building, this low-maintenance asset requires zero involvement from you. The apartment is stylishly appointed with modern finishes, a compact yet functional kitchenette (stainless steel appliances included), and a light-filled living space tailored for executive tenants.

The building itself offers high-quality communal facilities, such as a gym, rooftop BBQ terrace, communal laundry, intercom security, and lift access-all professionally maintained for peace of mind.

With Swinburne University nearby, Glenferrie Road's thriving cafés, restaurants, and shops just moments away, and excellent public transport at your doorstep, this location ensures consistent tenant appeal and a reliable long-term income stream.

Key Features:

* Return of $19,351 per annum after costs
* 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

Offering consistent income, a trusted corporate lease, and unbeatable location appeal-this is effortless investing at its best.

Don't miss this rare chance to own a hands-off, income-generating asset in the heart of Hawthorn!

Property Info

Municipality
Hawthorn
ENQUIRE ABOUT THIS COMMERCIAL PROPERTY