217/616 Glenferrie Road, Hawthorn VIC 3122

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For Sale $152,000 to $167,000

Hassle-Free Investment with Strong Rental Yield - Current option to 2031

Hotel/Leisure - Hawthorn VIC

Secure your slice of Melbourne’s blue-chip inner east with this smart, income-producing studio apartment in the heart of Hawthorn. Fully furnished and professionally managed, Suite 217 offers a set-and-forget investment delivering both peace of mind and consistent returns.

Currently leased to Mainstay under a long-term agreement, the property generates $20,905.50 per annum from May 30th 2026 until 29th May 2031 with 4% increase year on year making this an exceptional option for savvy investors or SMSF buyers seeking a reliable addition to their portfolio. With no ongoing management hassles and a steady rental stream, this opportunity delivers true passive income in a high-demand location.

Inside, the studio impresses with its stylish open layout, modern furnishings, and a sleek kitchen fitted with quality stainless steel appliances, gas cooktop, and microwave. Every element has been designed for low-maintenance, high-appeal living.

Located just a short stroll to Glenferrie Road’s vibrant café culture, boutique shopping, Swinburne University, and excellent public transport connections, this premium address ensures enduring rental demand and strong capital growth potential.

Key Highlights;

* Strong income through secure lease to Mainstay
* Modern fully furnished studio boasting sleek, contemporary design
* Located in a vibrant area close to cafes, shopping, public transport, and the university
* Stylish kitchen
* Enjoy top-tier facilities including a rooftop BBQ terrace, gym, lift, and shared laundry
* Securely managed complex with intercom access and professional on-site management

A secure, low-maintenance investment in one of Hawthorn’s most tightly held precincts, this property offers enduring appeal and strong long-term value.

Don’t miss your chance to capitalise on this prime opportunity-enquire now to make it yours!

Property Features
  • Hotel/Leisure
  • 1 bed
  • 1 bath
  • Floor Area is 27 m²
Gavin Zeitz
Director