317/616 Glenferrie Road, Hawthorn, VIC 3122 | Commercial for sale | OnTheHouse
 
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317/616 Glenferrie Road
Hawthorn VIC 3122

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 32m2
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Hassle-Free Investment with Strong Rental Yield - Leased to 2043 with current option to 2031

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 Corporate Living 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 Corporate Living 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
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Property Details for 317/616 Glenferrie Rd, Hawthorn

Building Type
Commercial
Floor Size
32m2
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About Hawthorn 3122

The size of Hawthorn is approximately 5.9 square kilometres. There are 29 parks, covering nearly 10.8% of the 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 16,810 properties. Over the last 5 years, Houses in Hawthorn have seen a -8.89% decrease in median value, while Units have seen a -10.07% decrease. As at 31 July 2026:

  • The median value for Houses in Hawthorn is $2,520,430 while the median value for Units is $590,328.
  • Houses have a median rent of $1,050 while Units have a median rent of $570.
There are currently 37 properties listed for sale, and 22 properties listed for rent in Hawthorn on OnTheHouse. According to Cotality's data, 797 properties were sold in the past 12 months in Hawthorn.

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Gavin Zeitz
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G & H Property Group
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