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29/589 Glenferrie Road, Hawthorn VIC 3122

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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.

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Price Guide

EOI $150,000 - $155,000