1009/1 Glenferrie Place

Hawthorn VIC 3122

Positioned on the 10th floor with captivating city views, this stylish STUDENT ONLY studio apartment presents an outstanding opportunity for investors seeking strong rental returns in one of Melbournes most sought-after inner-city locations.Currently leased for a further year at approximately $1,543 per month, the apartment provides a reliable income stream, while the separately rented carport generates an additional approximately $996 per annum.With combined rental income, the property offers an approximate gross annual income rate of 13%, making this an exceptional proposition for investors looking to enter or strengthen their position in the student accommodation market.Recently Refreshed & Ready to PerformThe apartment has benefited from a range of recent improvements, offering a low-maintenance investment with minimal immediate outlay, including: Freshly repainted throughout Brand-new carpet Brand-new refrigerator Brand-new air conditioning Upgraded bathroom facilities Separately rented carportSmart & Convenient Studio LivingDesigned for comfortable student living, the apartment features: Light-filled and functional studio layout Modern kitchenette with dishwasher Private balcony with impressive city outlooks Built-in robes providing excellent storage High-speed broadband connectivity Gas services Communal outdoor entertaining areasUnbeatable Hawthorn LocationEnjoy the best of Hawthorn right at your doorstep. The property is conveniently located close to Glenferrie Railway Station, trams, cafes, restaurants, shopping and everyday amenities, with easy access to Melbourne's CBD.Its close proximity to Swinburne University further enhances its appeal to the student rental market, supporting strong and consistent tenant demand.A Standout Investment Approx. 13% gross annual income rate $1,543/month apartment rental income Approx. $996/year additional carport income Freshly painted throughout Brand-new air conditioning Private balcony with city views Separately rented carport Minutes from Swinburne University & Glenferrie StationWhether you're a seasoned investor seeking strong cash flow or looking for an entry point into Melbourne's student accommodation market, this is an opportunity that deserves your attention.High rental income, recent upgrades, a secure lease and an enviable Hawthorn location all in one compelling investment package.Inspect today and discover the investment potential for yourself.Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist