Secure Student Accommodation Investment in Prime Prahran Location
An excellent opportunity to secure a modern student accommodation apartment in the heart of Prahran, ideally positioned close to public transport, lifestyle amenities and leading educational institutions.
Currently leased at $320 per week ($1,390 per calendar month) until 16 February 2027, this property offers immediate rental income and long-term investment security.
Designed for low-maintenance student living, the apartment features a smart and functional layout with contemporary finishes throughout. The property includes a private bedroom area, modern ensuite bathroom, practical kitchenette with gas cooking, and comfortable study/living space.
Property features include:
Secure lease in place until 16/02/2027
Rental income of $320 per week
Purpose-built student accommodation
Modern kitchenette with gas cooktop
Stylish bathroom with quality fittings
Functional study and living area
Low-maintenance investment
Excellent inner-city location
Positioned within easy reach of Chapel Street shopping and dining precincts, public transport options, parks, and nearby universities, this is an ideal investment for buyers seeking strong rental demand in a blue-chip Melbourne suburb.
Contact us today for more information.
Features
1 bedroom
1 bathroom
cottageUnit
Property history for 9/42 Porter Street
2023
Sold
Undisclosed
Private Sale/Treaty on 18 Dec 2023 by Charles Callis, of Castran Gilbert
2022
Rented
Undisclosed
Leased on 28 Feb 2022 by Besser & Co. Estate Agents
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 36 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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