FOR SALE
UNDER OFFER

16/42 Porter Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Premier location with courtyard for this Student-Only unit

New Carpet! New Paint!
Situated in one of the best suburbs in Melbourne, this student accommodation ONLY apartment is directly opposite the train station and only moments from Prahran Market.
OUTGOINGS
General Council Rates approx: $130/quarter*
Water Services approx: $166/quarter*
Owners Corp Fee approx: $1950/annum*
*Please confirm these figures with the Section 32. This is a guide only
NOTE - this unit does not have any water leak issues from it's courtyard to basement as provided in report by StrataCo.
This unit is a great find for savvy investors wanting to tap into the vibrant market of student accommodation or for those looking to live close to one of the city’s many campuses.
NOTE - Bank financing is not available for Student Accommodation. This is strictly a cash-only purchase.
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Property Details for 16/42 Porter St, Prahran

16/42 Porter St, Prahran is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Viva Property.

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 10,630 properties.

    There are currently 23 properties listed for sale, and 24 properties listed for rent in Prahran on OnTheHouse. According to CoreLogic's data, 482 properties were sold in the past 12 months in Prahran.

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