508/616 Glenferrie Rd, Hawthorn is a 1 bedroom, 1 bathroom House. The property has a land size of 1172m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 1 bedroom House sold in Hawthorn in the last 12 months.
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* Access to on-site gym, rooftop BBQ, laundry, and secure entry* Premium inner-east position near cafes, transport & universityWith solid returns, a reputable tenant, and a prized location, this is a smart, stress-free investment.Take advantage of this rare, turn-key investment opportunity in prime Hawthorn and enquire today!
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 16,732 properties. Over the last 5 years, Houses in Hawthorn have seen a 10.12% increase in median value, while Units have seen a -4.77% decrease. As at 31 December 2025:
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