217/616 Glenferrie Road, Hawthorn, VIC 3122 | Commercial for sale | OnTheHouse
 
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217/616 Glenferrie Road
Hawthorn VIC 3122

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 27m2
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Hassle-Free Investment with Strong Rental Yield

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 Corporate Living under a long-term agreement, the property generates $19,005 per annum-making it an ideal choice 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 of $19,005 pa through secure lease to Corporate Living
* 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
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Property Details for 217/616 Glenferrie Rd, Hawthorn

Building Type
Commercial
Floor Size
27m2
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About Hawthorn 3122

The size of Hawthorn is approximately 5.9 square kilometres. It has 29 parks covering nearly 10.8% of total area. The population of Hawthorn in 2016 was 23511 people. By 2021 the population was 22322 showing a population decline of 5.1% in the area during that time. The predominant age group in Hawthorn is 20-29 years. Households in Hawthorn are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Hawthorn work in a professional occupation.In 2021, 51.80% of the homes in Hawthorn were owner-occupied compared with 45.90% in 2016.

Hawthorn has 16,755 properties. Over the last 5 years, Houses in Hawthorn have seen a 16.91% increase in median value, while Units have seen a 0.50% increase. As at 31 October 2025:

  • The median value for Houses in Hawthorn is $2,891,324 while the median value for Units is $588,700.
  • Houses have a median rent of $640 while Units have a median rent of $550.
There are currently 33 properties listed for sale, and 16 properties listed for rent in Hawthorn on OnTheHouse. According to Cotality's data, 805 properties were sold in the past 12 months in Hawthorn.

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Gavin Zeitz
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Luke Carlson
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G & H Property Group
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