Affordable Student Accommodation Investment in the Heart of Prahran
Positioned in one of Melbourne’s most vibrant lifestyle precincts, this well-presented student accommodation apartment offers an outstanding opportunity for investors seeking secure rental income and low-maintenance ownership.
Currently leased at $320 per week ($1,390 per month) until 8 January 2027, the property provides immediate returns with a tenancy already in place.
Designed for comfortable student living, the apartment features a practical open-plan layout with a light-filled bedroom/living area, private ensuite bathroom, functional kitchenette with gas cooking, built-in storage, and split-system heating/cooling for year-round comfort. A private balcony further enhances the appeal, offering additional natural light and ventilation.
Located within close proximity to Prahran Market, Chapel Street shopping and dining, public transport, and leading universities including Monash University (Caulfield Campus), this is an ideal addition to any investment portfolio.
Property Features:
Secure student accommodation investment
Currently leased at $320 per week
Fixed tenancy until 08/01/2027
Functional kitchenette with gas cooktop
Private ensuite bathroom
Split-system heating and cooling
Private balcony
Low-maintenance layout
Excellent inner-city location close to transport, shops and cafes
A fantastic opportunity to secure an affordable entry into Melbourne’s tightly held student accommodation market.
Features
1 bedroom
1 bathroom
cottageUnit
Property history for 11/8 Porter Street
2024
Sold
Undisclosed
15 Aug 2024 by Domenic Malgeri, of Fletchers Canterbury
Happy sellers in Prahran
75%
sentiment_satisfied
75% of sellers in Prahran reported that their sale price either exceeded or met their price expectations.
Prahran stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 35 reviews in Prahran over the last 12 months.
Local market activity for 1 bedroom units in Prahran
Sold
For Sale
For Rent
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