Modern Studio Apartment. Secure Investment Opportunity in Hawthorn.
Situated in the sought after pocket of Hawthorn, Apartment 311 at 616 Glenferrie Rd presents an ideal purchasing opportunity perfect for the smart investor looking to expand their investment portfolio. Boasting with sweeping views towards Kew, this apartment also features:
- Investment opportunity perfect for SMSF
- Existing 5 year lease currently returning $24,520.83 per annum with a 4% increase in May 2025 with option to renew in 2026
- 3 x 5 year options
- Generous sizes ‘hotel’ style bathroom and shower
- Fully equipped kitchenette with dishwasher
- Plenty of natural light filling the entire space
Residents can take advantage of an abundance of facilities and services on-site including a fully equipped gymnasium, valet dry cleaning and laundry service, 24-hour Concierge, rooftop terrace with communal BBQ and lounge area and secure parking.
This high-end residential complex is just moments away from boutique shopping strips, coffee shops and restaurants, craft markets, parks and many other recreation facilities. With Glenferrie Station just up the road and a 6-minute walk to Swinburne University, this is a highly sought-after location.
Contact our agent Mackenzie Robson to inspect – 9863 8888