$115,000 to $120,000

1 Bed  •  1 Bath  •  0 Car

Main view of Homely apartment listing, 509/2 Eastern Place, Hawthorn East VIC 3123
Floorplan of Homely apartment listing, 509/2 Eastern Place, Hawthorn East VIC 3123
Second view of Homely apartment listing, 509/2 Eastern Place, Hawthorn East VIC 3123
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509/2 Eastern Place, Hawthorn East VIC 3123

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$115,000 to $120,000

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Apartment for sale9 days on Homely

What's around Eastern Place

Apartment description

“Unbelievable investment opportunity awaits! (14% return approx!)”

**Inspection by private appointment only**

Seize this exceptional investment opportunity in the heart of vibrant Hawthorn! This unit promises impressive rental returns of approximately $315 per week through to early 2026. Adding to its unique appeal is the rare inclusion of a storage cage on title!

Thoughtfully designed for both students and astute investors, this studio offers a bright and airy living space. The unit has also conveniently been refurbished recently, so that the new owner will not have to lift a finger! Improvements include Repainting, Waterproofing the shower, Replacing the range hood mattress protector and benchtop!

Large windows invite abundant natural light, enhancing the comfortable and functional layout. The unit features a well-appointed kitchen and a private bathroom, ensuring convenience and ease of living.

Ideally positioned in a modern student accommodation complex, this property boasts an unbeatable location. Swinburne University is just an 8-minute walk away, with Auburn train station, tram stops, and shopping options all within close reach. Deakin University is accessible via Tram 75 in about 30 minutes, while Melbourne CBD is a quick 20-minute train ride, providing effortless connectivity.

This unit comes with a range of desirable features, a storage cage, a communal laundry, and an entertainment room perfect for unwinding. A spacious shared terrace offers residents a place to relax or socialize, fostering a welcoming community atmosphere. Additionally, extra car parking is available for rent at discounted rates, further enhancing its appeal to both tenants and owners.

With student accommodation in high demand, this property presents a rare blend of location, amenities, and strong investment potential. Don't miss out-contact us today to arrange a private viewing and secure this outstanding opportunity!

Council rates

$200 Quarterly

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509/2 Eastern Place, Hawthorn East VIC 3123
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