507/16 Porter St

Prahran VIC 3181

Apartment

Last sold for $500,000

Juan Yan, last sold this property on 25 October 2023 after 58 days on market.

Overview

Urban Elegance: Apartment with Rooftop Views

This modern apartment is an appealing opportunity for city lovers. Situated on the fifth floor, this one-bedroom residence has been carefully designed. The layout includes a spacious bedroom, a distinct study nook, a private balcony, and stylish wooden flooring that complements a contemporary lifestyle. The kitchen is thoughtfully designed for efficient use, featuring a breakfast bar, plenty of storage including overhead cabinets, and premium stainless-steel appliances like a gas cooktop, electric oven, and dishwasher. The mirrored backsplash cleverly enhances the play of light in the space. Additional amenities include a split-system heating/cooling unit, a European laundry, and double-glazed windows. These are accompanied by a secure parking space. However, the real standout feature of the building is the rooftop terrace - an exceptional area that provides captivating city views. This terrace is furnished with a fully equipped outdoor kitchen, a terrace bar, and inviting daybeds, creating a delightful retreat. The convenience of being near Prahran train station, Greville Street, Chapel Street, and a range of cafes, restaurants, and shopping choices right outside your door truly captures the essence of a dynamic and vibrant urban living experience. ***Photo ID Required at all of the Open for Inspections*** ***Terms: 10% deposit, balance 90 days*

Features

1 bedroom

1 bathroom

1 carspace

1 garage space

Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Prahran over the last 12 months, the estimated median property value of 507/16 Porter St is $375k.

Median value

$375k

Estimated value range

$115k - $560k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Prahran. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.