FOR SALE
$169,000

514/42 Porter Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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RARE FIND MASSIVE BALCONY CITY VIEWS

STUDENT ACCOMMODATION ONLY CURRENTLY LEASED AT $1,238 PCM UNTIL 8 JANUARY 2025
The fifth floor has lots of light and a massive balcony with spectacular city views.
Welcome to the student sanctuary at 42 Porter Street, Prahran—a vibrant hub nestled amidst the bustling neighbourhoods of Prahran, Windsor, South Yarra, and St Kilda, in the heart of Melbourne, Victoria.
Student Accommodation in the Heart of Prahran:
Situated on the fifth floor, this apartment is flooded with natural light and offers breathtaking city views, providing the perfect backdrop for a student's journey. Currently leased at $1,238 per month until January 8, 2024, this investment promises steady and increasing rental returns, underpinned by strong demand in this sought-after locale. Beyond this, it presents an enticing opportunity to hold as an investment or accommodate a student within your family, especially with its rare and expansive private balcony—an ideal space for relaxation and study breaks.
Modern Living Designed for Students:
When you step into this student accommodation, you will see the thoughtful design of student life. The fully functional kitchen boasts stainless steel appliances, including a gas cooktop, ensuring you have everything you need for culinary adventures. The living room extends to a generous private balcony, providing ample outdoor living and entertaining space, a rare find in student accommodations.
Comfort and Convenience
The student sanctuary includes a single bedroom with a built-in robe and shelf, providing ample storage for essentials. The contemporary bathroom features sleek fittings and shelving, offering style and functionality. Plus, communal laundry facilities and bike storage racks on the ground floor add to your convenience.
Prime Location for Student Living
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Property Details for 514/42 Porter St, Prahran

514/42 Porter St, Prahran is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Scott Banks Real Estate Group.

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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