FOR SALE
$200,000 - $220,000

113/1 Donald Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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8% Rental Investment Return - Beautifully Renovated Bathroom

Student-only apartment
Discover the charm of this modernized Art Deco-style student-only apartment, where elegance meets functionality. Unlike the typical cookie-cutter apartments, this property features wide, open hallways and a spacious layout that’s truly unique.
Take a look at this beautifully renovated bathroom, featuring sleek, modern finishes that add a touch of luxury to this already charming property. The fully upgraded bathroom offers a contemporary design with high-end fixtures and a spacious, glass-enclosed shower.
This apartment also includes a convenient car space, making it even more attractive for potential tenants. This student-only apartment is perfect for parents looking to invest in a secure and stylish living space for their children, whether they’re just starting university or further along in their studies. With a convenient car space included and a solid 8% rental investment return, this property is not only an excellent investment but also an ideal home for students of all ages. Everyone is welcome to enjoy the comfort and convenience this apartment offers.
Facility: Discover a bright, airy communal study area designed for both productivity and relaxation. This space features modern furnishings, ample natural light, and comfortable seating, making it ideal for students, or anyone who values a peaceful environment.
This stylish, partially furnished one-bedroom apartment is perfectly positioned in the vibrant heart of Prahran, offering the best of urban living. Just a 5-minute walk from the trendy Chapel Street and near Greville Street, you'll have access to some of Melbourne's finest shops, boutiques, restaurants, cafes, and entertainment venues.
The location is ideal for students, with Melbourne Polytechnic’s Prahran Campus just a short 5-minute stroll away. Convenient public transport options include trams along High Street, Commercial Road, and St Kilda Road, as well as the nearby Prahran train station, providing quick and easy access to city campuses and other Melbourne universities.
Don’t miss your chance to view this exceptional property—call now to schedule a visit and secure your future home or investment!
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Property Details for 113/1 Donald St, Prahran

113/1 Donald St, Prahran is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with L Real Estate (Melbourne).

Building Type
Apartment

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About Prahran 3181

The size of Prahran is approximately 1.9 square kilometres. It has 8 parks covering nearly 6.3% of total area. The population of Prahran in 2011 was 11,191 people. By 2016 the population was 12,985 showing a population growth of 16.0% in the area during that time. The predominant age group in Prahran is 20-29 years. Households in Prahran are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Prahran work in a professional occupation. In 2011, 42.7% of the homes in Prahran were owner-occupied compared with 39.3% in 2016.

Prahran has 10,643 properties. Over the last 5 years, Houses in Prahran have seen a 12.42% increase in median value, while Units have seen a 7.00% increase. As at 31 August 2024:

  • The median value for Houses in Prahran is $1,637,271 while the median value for Units is $555,116.
  • Houses have a median rent of $750 while Units have a median rent of $530.
There are currently 31 properties listed for sale, and 18 properties listed for rent in Prahran on OnTheHouse. According to CoreLogic's data, 505 properties were sold in the past 12 months in Prahran.

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Faye Wang
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L Real Estate (Melbourne)
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