SoldJul 18, 2025

123/42 Porter St, Prahran, VIC, 3181

$180,000

1
1
1
0 m²

Apartment

29 days on the market

Sold: Jul 18, 2025

What's around 123/42 Porter St

HIGH-YIELD STUDENT ACCOMMODATION WITH A CAR SPACE

An exceptional opportunity awaits with this well-maintained 1-bedroom student apartment, complete with a secure basement car park on title—a true rarity in this segment. Ideal for investors seeking reliable returns in a high-demand location, this property is ready to deliver from day one. Fresh new carpets and a newly upgraded kitchen benchtop offer a refreshed interior that tenants will appreciate, while the practical floorplan ensures maximum use of space. Property highlights: - Estimated Weekly Rent: $360 per week - 1 bedroom, 1 bathroom, 1 secure car park - Refreshed interiors including new carpet and Kitchen benchtop - Modern kitchen with gas cooktop, stainless steel appliances, and plenty of storage -Comfortable bedroom with built-in robe - Secure access with bike storage and laundry facilities - Only 1-minute walk to Prahran Railway Station Estimated Annual Outgoings: - Strata Fees: $2170; -Council Rates: $572; - Water Rates: $650.00 Premium location for students and tenants alike: Only a short walk to Prahran Station, with direct train access to Melbourne’s major universities and CBD campuses. Positioned moments from Chapel Street, Greville Street, and a huge array of dining, shopping, and entertainment options—this location ticks every box for student living. ***DISCLAIMER: Virtual furnitures used in this advertisement is for illustration purposes only.***

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