16/42 Porter Street, Prahran, VIC, 3181 - Apartment Sold on 19 12 2025

SoldDec 19, 2025

16/42 Porter Street, Prahran, VIC, 3181

Amount undisclosed

Apartment

•

30+ days on the market

Sold: Dec 19, 2025

What's around 16/42 Porter Street

High 11% Yield - Fully Refurbished & Furnished

The Phone Code for this property is: 45704. Please quote this number when phoning or texting. $165k is the "buy it now price" via straight to section 32 deal $169k is the "presentation price" if I have to play agent role and schedule inspections, etc Offers below $165k will continue to be ignored, as I'd rather continue yielding 11% return until someone offers $165k or more.. Thanks! Note: this unit has 70% more floor space than other units without a terrace!! - The largest unit currently for sale in the building - The highest yielding unit currently for sale in the building - Technically "student accommodation", but you can owner occupy it - Brand new everything basically Fully refurbished: new paint, new carpets, etc Fully furnished: new appliances, new furnishings, etc FAQ: -Can I live in it: unofficially, yes -Is it pet friendly: yes -Income: $360/PW (great tenant til Feb 2027) -Outgoings: Approx $2,950/PA (approx: OC + council + water) -Internal: 21SQM (approx) -External: 15SQM (approx) -Yield: 11% return @ $164k purchase ------------- Discover contemporary elegance in this perfectly positioned apartment in one of Melbourne's most sought-after suburbs. Situated in a boutique building, this ground-floor gem is ideal for first-home buyers, investors, or those seeking a sophisticated urban lifestyle. Located just moments from Chapel Street, Prahran Market, public transport, and a variety of cafes and restaurants, this property provides the ultimate in convenience and lifestyle. Don't miss this opportunity to own a slice of Prahran's vibrant urban culture. Contact us today to arrange a viewing! Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.