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.








