4/8 Wallen Road, Hawthorn VIC 3122

2-bedroom apartment | heritage overlay | strong location | 2-car parking This flat apartment offers a rare combination of two secure car spaces and a heritage overlay location in Hawthorn, which limits future supply and supports long-term value. Built in 2002, it avoids the maintenance risks of older stock while benefiting from a 1.71-acre land holding that provides shared amenity. The zoning for Glenferrie Primary and Melbourne Girls College adds family appeal, and the consistent comparable sales at this address confirm steady demand. It best suits a buyer seeking a low-maintenance home with positional advantage and parking, or an investor targeting reliable rental income near $740 per week. The heritage overlay imposes restrictions on external changes, which may limit renovation upside but also protects the neighbourhood character and reduces competition from developers. No bushfire or flood risk is detected, and FTTP NBN supports remote work. The auction on 30 May suggests a motivated seller, so pre-purchase building and pest inspection is advisable to avoid surprises. Hold this property for stable rental yield and capital preservation rather than short-term flipping.