311/616 Glenferrie Road, Hawthorn, VIC 3122 | Commercial for sale | OnTheHouse
 
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311/616 Glenferrie Road
Hawthorn VIC 3122

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 27m2
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Set-and-Forget Investment in Premier Location – $25,502 & 4% increases year on year

A standout performer within a high-demand inner-east precinct, Unit 311 offers investors a strategic foothold in the thriving Hawthorn market-with $25,502 income annually and a long-term lease secured until 2043 through Corporate Living.
Set within a respected apartment hotel, this low-maintenance, high-return studio is fully furnished and professionally managed, requiring zero day-to-day involvement. It's a rare blend of income security and location strength-ideal for SMSFs or buyers seeking steady capital preservation and reliable growth.
Cleverly configured for comfort, the apartment features a compact kitchen with gas cooktop, fridge, microwave, and dishwasher, plus tasteful furnishings throughout. Guests benefit from hotel-style facilities including a gym, lift access, communal laundry and a rooftop BBQ terrace.
Just footsteps to Glenferrie Road, Swinburne University, and a major tram and train hub, this is a proven position with built-in future demand.
Snapshot:
* $25,502 annual return through Corporate Living
* 4% increases year on year
* Lease secured to 2043 – stable, predictable income
* Fully furnished with quality fit-out
* Tenant pays owners corporation admin fund in full
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Property Details for 311/616 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 16,754 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 34 properties listed for sale, and 16 properties listed for rent in Hawthorn on OnTheHouse. According to Cotality's data, 802 properties were sold in the past 12 months in Hawthorn.

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Gavin Zeitz
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George Salem
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G & H Property Group
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