Hassle-Free Investment with Strong Rental Yield - Leased to 2043 with current option to 2031
Hotel/Leisure - Hawthorn VIC
An outstanding opportunity to secure a high-performing investment in one of Melbourne’s most sought-after inner-eastern suburbs, this fully furnished studio apartment offers reliable income, minimal upkeep, and exceptional convenience.
Suite 217 is securely leased to Mainstay Apartments under a long-term agreement, providing an annual income of $21,542 from 30 May 2026 through to 29 May 2031, with fixed annual rental increases of 4%. Designed to deliver a genuine hands-off investment experience, this property is ideally suited to investors and SMSF purchasers seeking stable returns and long-term security.
Thoughtfully appointed throughout, the studio features a contemporary open-plan design complemented by quality furnishings and modern finishes. The streamlined kitchen is equipped with stainless steel appliances, a gas cooktop, and microwave, creating a functional and appealing living environment for occupants.
Situated in a highly accessible Hawthorn location, the property is moments from Glenferrie Road’s renowned dining and shopping precinct, Swinburne University, and a range of public transport options. This prime position underpins strong tenant demand and enhances future growth prospects.
Property Features;
* Secure lease in place with Mainstay Apartments until May 2031
* 4% yearly increases
* Fully furnished studio apartment with modern interiors
* Contemporary kitchen featuring quality stainless steel appliances
* Access to premium resident facilities including rooftop BBQ terrace, gym, lift and communal laundry
* Secure building with intercom entry and professional on-site management
* Prime Hawthorn location close to cafés, retail, transport and educational facilities
Offering dependable returns and a truly low-maintenance ownership experience, this is an exceptional investment opportunity in a tightly held Melbourne locale.
Contact us today for further information or to arrange an inspection.
Property Features
- Hotel/Leisure
- 1 bed
- 1 bath
- Floor Area is 32 m²
