Back 208/42 Porter St
Off Market

208/42 Porter St

Prahran VIC 3181

1
1
Studio
Last sold for $131,000
Scott BanksScott Banks, last sold this property on 17 May 2025 after 297 days on market.

Overview

Student Accommodation Investment Opportunity: RENT $17,208 P.A.

Discover the perfect blend of secure returns and modern student living with Apartment 208 at 42 Porter Street, Prahran. This fully furnished apartment offers a fantastic investment opportunity, currently leased at $17,208 annually until 21st January 2026. Key Features: Modern Furnishings: Step into a fully furnished apartment with contemporary decor designed to provide students a cozy and productive environment. Spacious Layout: This one-bedroom apartment offers a well-thought-out floor plan featuring a comfortable living area, a study nook, and ample storage space. Fully Equipped Kitchen: Enjoy the convenience of a kitchenette equipped with essential appliances, including a fridge, microwave, and cooktop. Private Bathroom: The apartment boasts a sleek, modern bathroom, providing privacy and comfort. Natural Light: Large windows flood the apartment with natural light, creating a bright and inviting atmosphere. High-Speed Internet: Stay connected with high-speed internet, making it easy for students to study and stay in touch with friends and family. Security and Support: The building offers secure access, CCTV, ensuring a safe and supportive living environment. Building Amenities: Study Areas: Dedicated study zones and quiet spaces for focused learning. Common Areas: Socialize and relax in communal lounges and entertainment areas. Laundry Facilities: Convenient on-site laundry facilities make life easier. Bicycle Storage: Secure bicycle storage for those who prefer eco-friendly commuting. Prime Location: Situated in the heart of Prahran, 42 Porter Street offers unparalleled access to public transport, shopping, dining, and entertainment options. Just a short walk from educational institutions, including Prahran College, this location is perfect for students seeking a vibrant and connected lifestyle. Leased Investment: Apartment 208 is currently leased, offering a secure and steady rental income. With high demand for student accommodation in this prime location, this property promises attractive returns and long-term rental growth potential. Contact Us Today: Don't miss out on this exceptional investment opportunity. Contact us today to arrange a private viewing of Apartment 208 at 42 Porter Street, Prahran, and secure your investment in a high-demand student accommodation market.

Features

1 bedroom
1 bathroom
Studio

Estimated Value

We need at least 3 similar 1 bedroom studios sold in Prahran over the last 12 months.

Property history for 208/42 Porter St

2025
Sold
$131,000
Private Sale/Treaty on 17 May 2025 by Scott Banks, of Scott Banks Real Estate Group

Happy sellers in Prahran

75%
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 36 reviews in Prahran over the last 12 months.

Local market activity for 1 bedroom studios in Prahran

In the last 12 months, 1 one-bedroom studio similar to 208/42 Porter St, have been sold.

This represents a 67% increase in one-bedroom studios sales when compared to the previous 12 months.

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