15/42 Porter St, Prahran is a 1 bedroom, 1 bathroom Unit and was built in 2012. The property has a land size of 940m2 and floor size of 22m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Perfectly positioned directly opposite the train station and only 500 metres from the iconic Prahran Market, this student accommodation offers ample comfort and convenience.
A rare find for accommodation of this type, the lucky new residents will enjoy access to an oversized private courtyard while the layout is functional and designed for low-maintenance living. The kitchen is well-equipped with a gas cooktop and is open to the living while the apartment also offers one bedroom and one bathroom, both with built-in storage.
The building has car spaces available for rent by the residents plus theres a communal laundry, lift-access, secure entrance and WiFi is available. The existing tenancy is flexible so the new owners could have the property with vacant possession.
This impressive apartment is located just behind Chapel Street with shops, restaurants, cafes and attractions at your fingertips. Tram links and bus stops are also nearby linking you directly to a host of city-based campuses.
Call now to secure this terrific investment opportunity in Student Accommodation, currently experiencing a mini boom since the re-opening of borders to international arrivals!
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 10,553 properties. Over the last 5 years, Houses in Prahran have seen a 10.60% increase in median value, while Units have seen a 5.10% increase. As at 31 October 2024:
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