508/616 Glenferrie Road, Hawthorn, VIC 3122 | Apartment for sale | OnTheHouse
 
FOR SALE
$200,000 to $220,000

508/616 Glenferrie Road
Hawthorn VIC 3122

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 31m2
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High-Yield Investment – $22,812 Lease & 4% increases in Prestigious Hawthorn

An exceptional opportunity for passive investors, Unit 508 is a fully furnished, professionally managed studio apartment delivering a return of $22,812 per annum through a secure lease to Corporate Living until 2043.
Located within a modern, well-maintained complex in the heart of Hawthorn, this investment offers both peace of mind and long-term consistency. With no ongoing management responsibilities, it's the ideal set-and-forget addition to your portfolio or superannuation strategy.
Thoughtfully designed, the apartment comes complete with stylish interiors, a sleek kitchenette featuring stainless steel appliances (gas cooktop, microwave, fridge, dishwasher), and a comfortable, fully serviced living space.
The complex offers exclusive access to quality shared amenities, including a gym, rooftop BBQ area, laundry facilities, intercom security, and lift access. Surrounded by Glenferrie Road's iconic shopping and dining scene and just moments from public transport and Swinburne University, this blue-chip location ensures strong ongoing demand.
Key Features:
* $22,812 annual return with lease in place through Corporate Living to 2043
* 4% increases year on year
* 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
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Property Details for 508/616 Glenferrie Rd, Hawthorn

508/616 Glenferrie Rd, Hawthorn is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 31m2. The place is currently for sale with G & H Property Group.

Building Type
Apartment
Floor Size
31m2
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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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