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Back 508/616 Glenferrie Road
Off Market

508/616 Glenferrie Road

Hawthorn VIC 3122

1
1
31 m²
Apartment
Gavin ZeitzGavin Zeitz, last sold this property on 06 October 2025 after 47 days on market.

Overview

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 * Access to on-site gym, rooftop BBQ, laundry, and secure entry * Premium inner-east position near cafes, transport & university With 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!

Features

1 bedroom
1 bathroom
31 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Hawthorn over the last 12 months, the estimated median property value of 508/616 Glenferrie Road is $366.25k.

Median value
$366.25k
Estimated value range
$99k - $605k
Median days on market
27
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Hawthorn. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 508/616 Glenferrie Road

2025
Sold
Undisclosed
06 Oct 2025 by Gavin Zeitz, of G&H Property Group

Happy sellers in Hawthorn

80%
80% 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 42 reviews in Hawthorn over the last 12 months.

Local market activity for 1 bedroom apartments in Hawthorn

In the last 12 months, 147 one-bedroom apartments similar to 508/616 Glenferrie Road, have been sold.

This represents a 20% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Hawthorn

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Luke Saville

Luke Saville is an award winning recommended agent for Hawthorn.  They have 65 local sales and collected 8 local reviews across the last 12 months.

  •   5   (38 reviews)
  •  8 Reviews in Hawthorn
  •  65 Sales in Hawthorn
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Shawn White

Shawn White is a recommended agent for Hawthorn.  They have 22 local sales and collected 5 local reviews across the last 12 months.

  •   5   (5 reviews)
  •  5 Reviews in Hawthorn
  •  22 Sales in Hawthorn
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Andrew Gibbons

Andrew Gibbons is a recommended agent for Hawthorn.  They have 5 local sales and collected 4 local reviews across the last 12 months.

  •   4.8   (29 reviews)
  •  4 Reviews in Hawthorn
  •  5 Sales in Hawthorn
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Tim Heavyside

Sellers who recommend Tim Heavyside have praised them for being local expert, clear communication, reliable, supportive, great team, friendly and honest

  •   4.9   (1214 reviews)
  •  4 Reviews in Hawthorn
  •  4 Sales in Hawthorn
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