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419/42 Porter St

Prahran VIC 3181

1
1
Apartment
Currently for sale - view listing

Overview

High-Yield, Fully Furnished Studio in the Heart of Prahran

Secure a rare investment opportunity in one of Prahran’s most vibrant and sought-after locations. This well-appointed, high-return studio apartment is purpose-built for the student market, offering exceptional flexibility — ideal for student owner-occupiers or parents looking to invest for their children, with the option to lease out when not in use. Thoughtfully designed with modern living in mind, the apartment features a sleek kitchenette, a private balcony with urban outlooks, and a secure intercom entry system. Residents also enjoy access to shared amenities including a communal lounge and on-site laundry facilities, ensuring low-maintenance living with strong appeal. Unbeatable Location: * Transport: Just a 2-minute walk to Prahran Station, providing effortless access to the CBD, Swinburne University of Technology and RMIT University * Lifestyle: Moments from Chapel Street, Greville Street, and Prahran Market — offering endless dining, shopping, and entertainment options With consistently strong rental demand and an unbeatable inner-city location, this is a rare and compelling investment opportunity not to be missed. Estimated rental return: approx. $320 per week.

Features

1 bedroom
1 bathroom
Apartment

Property history for 419/42 Porter St

2025
Rented
Undisclosed
Leased on 17 Mar 2025 by Little Real Estate | Hawthorn

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 apartments in Prahran

In the last 12 months, 123 one-bedroom apartments similar to 419/42 Porter St, have been sold.

This represents a 16% increase in one-bedroom apartments sales when compared to the previous 12 months.

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