SoldDec 18, 2023

9/42 Porter Street, Prahran, VIC, 3181

Amount undisclosed

1
1

Apartment

Sold: Dec 18, 2023

What's around 9/42 Porter Street

Invest in Melbourne's rental boom!

Registered as student accommodation, this brilliant apartment is only located in the heart of Prahran. Greville and Chapel St.'s cafes, global eateries and boutique stores are at the doorstep and the much-loved Prahran market is only minutes away by foot. "No.9" is a sound investment sure to attract steady and ongoing rental returns now that students have flooded back into Melbourne. Currently leased and returning $280 per week, this ground floor apartment offers a practical living space and large courtyard. Perfectly designed for student living, featuring a fully functional kitchen with a gas cooktop, ample storage, stainless steel fittings, fridge and microwave oven. The living area opens out to a private courtyard while the fully facilitated bathroom offers contemporary fittings and shelving. The purpose-built building has communal break-out areas and commercial grade laundry facilities. Less than 5 minutes' walk to the Melbourne Polytechnic University and only metres to Prahran train station and tram routes, providing direct access to CBD campuses and beyond. This Prahran location is one of the most desirable in Melbourne, for students and astute investors.

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