Effortless Investment with $19,351 Annual Return - Next Option Ending 2031
Hotel/Leisure - Hawthorn VIC
Set-and-forget investing doesn’t get easier than this. Unit 513 is a fully furnished, professionally managed studio apartment secured under a long-term lease to Mainstay Apartments until 2043-delivering a return of $20125 per annum from May 30th 2026 until 29th May 2031 with 4% increase year on year making this an exceptional option.
Positioned in a sleek, contemporary building, this low-maintenance asset requires zero involvement from you. The apartment is stylishly appointed with modern finishes, a compact yet functional kitchenette (stainless steel appliances included), and a light-filled living space tailored for executive tenants.
The building itself offers high-quality communal facilities, such as a gym, rooftop BBQ terrace, communal laundry, intercom security, and lift access-all professionally maintained for peace of mind.
With Swinburne University nearby, Glenferrie Road’s thriving cafés, restaurants, and shops just moments away, and excellent public transport at your doorstep, this location ensures consistent tenant appeal and a reliable long-term income stream.
Key Features:
* Excellent return
* Fully furnished and well-appointed studio with modern finishes
* Compact kitchen with stainless steel appliances and gas cooking
* Tenant pays owners corporation admin fund in full
* Access to on-site gym, rooftop BBQ, laundry, and secure entry
* Premium inner-east position near cafes, transport & university
Offering consistent income, a trusted corporate lease, and unbeatable location appeal-this is effortless investing at its best.
Don’t miss this rare chance to own a hands-off, income-generating asset in the heart of Hawthorn!
Property Features
- Hotel/Leisure
- Floor Area is 31 m²
