Price: Contact Agent
Suite Size: 27 sqm

Immaculate Apartment With Sweeping City Views. Premium Suburb.

The perfect addition to any investor’s portfolio, Apartment 506 is a brightly lit space located on the bustling Glenferrie Road. This stylish studio apartment currently offers an existing 5-year lease returning $23,888 per annum.

This solid investment features:

  • Investment opportunity perfect for SMSF
  • Leased to a successful hotel operator on a 5-year term
  • Further 3 x 5-year options ensure long-term income security
  • Perfect SMSF investment opportunity
  • New 5-Year Lease Renewal: Secure term until May 2031, with further options

Positioned within a residential complex, the property benefits from professional onsite management and an extensive suite of amenities, further strengthening tenant demand and long-term occupancy rates.

This opportunity combines strong rental yields, excellent tenant retention, and a premium Hawthorn location making it a rare chance to secure a set-and-forget investment.

Getting There

616 Glenferrie Road

616 Glenferrie Road, Hawthorn VIC, Australia

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To find out more about offices currently available for sale or lease, or to arrange a personal inspection, call us on 1300 652 532 or enquire online.