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29/589 Glenferrie Rd

Hawthorn VIC 3122

1
1
1
Apartment
Currently for sale - view listing

Overview

Expressions of Interest Closing Monday 10 August at 5pm

Estimated Rental Return: $400 per week Positioned in the heart of Hawthorn, this well-presented apartment presents an exceptional investment opportunity within the sought-after Velocity Student Apartments. Offering a low-maintenance lifestyle with the added benefit of a secure car space on title, the property enjoys outstanding convenience and strong rental appeal. The apartment comprises a light-filled open-plan living area, a well-appointed kitchen, a generous bedroom and a modern bathroom. Stepping outside, a private courtyard provides the perfect space to relax or entertain, while the secure car space adds significant value in this tightly held inner-city location. Perfectly positioned, the property is within walking distance of Swinburne University, Glenferrie Road's renowned cafés, restaurants and shopping precinct, Glenferrie Train Station, tram services, the Yarra River, Burnley Gardens and Fairview Park. Tooronga Shopping Centre is also only a short drive away. Property Highlights: - Estimated rental return of $400 per week - Secure car space on title - Excellent investment opportunity within the popular Velocity Student Apartments - Bright open-plan living with well-appointed kitchen - Generous bedroom with modern bathroom - Private courtyard ideal for outdoor enjoyment - Communal lounge and laundry facilities - Walking distance to Swinburne University - Easy access to trams, trains, cafés, restaurants and shopping - Approximately 9km from Melbourne CBD Disclaimer: This rental assessment has been prepared by Nelson Alexander based on current market conditions and comparable leasing evidence available at the time of writing. It is provided as an opinion only and should not be relied upon as a guarantee of future rental income. Rental returns may vary depending on market conditions, the presentation of the property and legislative requirements.

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Property history for 29/589 Glenferrie Rd

2018
Rented
Undisclosed
Leased on 13 Feb 2018 by Little Real Estate | Hawthorn

Happy sellers in Hawthorn

76%
76% of sellers in Hawthorn reported that their sale price either exceeded or met their price expectations.

Hawthorn stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 22 reviews in Hawthorn over the last 12 months.

Local market activity for 1 bedroom apartments in Hawthorn

In the last 12 months, 126 one-bedroom apartments similar to 29/589 Glenferrie Rd, have been sold.

This represents a 31% increase in one-bedroom apartments sales when compared to the previous 12 months.

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