The perfect addition to any investors portfolio, Apartment 506 is a brightly lit space located on the bustling Glenferrie Road. This stylish studio apartment currently offers an existing 5-year lease returning $23,888 per annum with the next annual 4% increase in May.

This solid investment features:

- Bedroom with built in robe
- Large windows allowing plenty of natural light
- Fully-furnished
- Generous ‘hotel’ style bathroom and shower
- Kitchen with full amenities
- Separate lounge/living area
- 3 x 5-year options
- Investment opportunity perfect for SMSF

Residents can take advantage of an abundance of facilities and services on-site including a fully equipped gymnasium, valet dry cleaning and laundry service, 24-hour Concierge, rooftop terrace with communal BBQ and lounge area and secure parking.
This high-end residential complex is just moments away from boutique shopping strips, coffee shops and restaurants, craft markets, parks and many other recreation facilities. With Glenferrie Station just up the road and a 6-minute walk to Swinburne University, this is a highly sought-after location.

Call now to book an inspection on 03 9863 8888.