511/616 Glenferrie Road, Hawthorn VIC 3122

For Sale Contact Agent

Effortless Investment Current Option Ending 2031

Hotel/Leisure - Hawthorn VIC

Low-maintenance investing doesn’t get more straightforward than this. Unit 511 is a fully furnished, professionally managed studio apartment secured under a long-term lease to Mainstay Apartments through to 2043, providing secure income and genuine peace of mind. From 30 May 2026 to 29 May 2031, fixed 4% annual increases, making it a compelling addition to any portfolio.

Set within a modern, architecturally designed building, this is a true “hands-off” investment requiring no day-to-day management. The studio is tastefully fitted with contemporary finishes, a smart and practical kitchenette complete with stainless steel appliances, and a bright, well-designed living area suited perfectly to executive-style accommodation.

Residents enjoy access to quality shared amenities including a fully equipped gym, rooftop BBQ terrace, communal laundry, secure intercom entry, and lift access – all professionally maintained to ensure ongoing presentation and tenant satisfaction.

Located just moments from Swinburne University, the vibrant retail and dining precinct of Glenferrie Road, and excellent public transport options, the property benefits from strong and consistent tenant demand in a highly sought-after inner-east setting.

Investment Highlights:

* Secure lease until 2043 with current option to 2031
* Fixed 4% annual rental growth
* Long-term corporate lease in place until 2043
* Fully furnished, modern studio apartment
* Stainless steel appliances and gas cooking
* Owners corporation admin fund paid by tenant
* Access to gym, rooftop terrace, laundry & secure entry
* Blue-chip Hawthorn location close to cafés, transport & university

Delivering stable income, built-in rental growth, and professional management under a trusted corporate tenancy, this is a truly stress-free investment opportunity.

An outstanding chance to secure a high-performing, low-maintenance asset in the heart of Hawthorn.

Property Features
  • Hotel/Leisure
  • Floor Area is 31 m²
Gavin Zeitz
Director