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11/1 Donald Street, Prahran, Vic 3181 For Sale
11/1 Donald Street, Prahran, Vic 3181 11/1 Donald Street, Prahran, Vic 3181-Image 11/1 Donald Street, Prahran, Vic 3181-Image 11/1 Donald Street, Prahran, Vic 3181-Image 11/1 Donald Street, Prahran, Vic 3181-Image 11/1 Donald Street, Prahran, Vic 3181-Image 11/1 Donald Street, Prahran, Vic 3181-Image 11/1 Donald Street, Prahran, Vic 3181-Image 11/1 Donald Street, Prahran, Vic 3181-Floorplan

11/1 Donald Street, Prahran, Vic 3181

$310,000 - $340,000

Apartment
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Published on Friday, September 18, 2026 ( See property details for 11/1 Donald Street, Prahran, Vic 3181)

$310,000 - $340,000

Open on Saturday 19 September 12:00 pm | View All

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern, low-maintenance two-bedroom apartment in Prahran, offering strong rental income and prime proximity to amenities and universities.

🏡 Property Highlights

  • Strong annual rental income of approximately $23,700
  • Approx. 7.65% gross rental yield
  • Ideal for student accommodation with low-maintenance design
  • Contemporary finishes throughout the apartment
  • Prime location near Chapel Street shopping and dining
  • Close to public transport, parks, and universities

✨ Key Features

  • Built-in Robes
  • Ensuite
  • Open-Plan Living
  • Gas
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Internal Laundry
  • Pet-Friendly
  • Low-Maintenance Yard

Prahran is a vibrant Melbourne suburb renowned for its trendy shopping, dining, and entertainment options. It offers excellent public transport links, proximity to parks, and access to top universities, making it highly desirable for tenants and investors alike. The area boasts strong rental demand and a lively, cosmopolitan lifestyle, perfect for those seeking convenience and community. Prahran's real estate market continues to thrive, offering excellent growth potential for investors. Its diverse amenities and dynamic atmosphere make it one of Melbourne's most sought-after suburbs.

What is the layout and size of the apartment?
The apartment features a smart, functional layout with two bedrooms, a modern ensuite bathroom, a practical kitchenette with gas cooking, and a comfortable study/living space designed for low-maintenance living.
What amenities are nearby?
The property is conveniently located within easy reach of Chapel Street's shopping and dining precincts, public transport options, parks, and nearby universities, providing excellent lifestyle and rental appeal.
Is the property suitable for student accommodation?
Yes, the apartment's design and location make it ideal for student living, offering strong rental demand and a high annual return.
What finishes and features does the apartment include?
The apartment features contemporary finishes throughout, including built-in robes, an ensuite, open-plan living, and modern fixtures.
What is the condition of the property?
The property is well-maintained with modern finishes, designed for low-maintenance living, making it an attractive option for investors.
Are there any upcoming strata or body corporate fees, and what do they cover? Are there any planned developments or zoning changes in the area that could affect the property? Has the property been inspected for structural issues or defects? Are there any easements, covenants, or restrictions on the property? What are the long-term maintenance costs associated with the apartment? Is the property located in a flood or bushfire-prone area? Are there any current or planned construction projects nearby that could impact noise or views? What are the details of the strata or management arrangements, including fees and regulations? Is there any history of pest issues or other environmental concerns? Are there any restrictions on pet ownership or other use limitations?

11/1 Donald Street, Prahran, Vic 3181 - More Details

$310,000 - $340,000

An excellent opportunity for investors seeking a property with strong rental appeal and an attractive annual return. 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.

Located at 11/1 Donald Street, this property currently generates approximately $23,700 per annum, providing a compelling investment proposition.

Investment Highlights:
Rare Opportunity two bedroom
Approx. $23,700 annual return
Approx. 7.65% gross rental yield
Strong student accommodation
Convenient location
Excellent rental demand
Ideal addition to an investment portfolio

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 further information or to arrange an inspection.
Type
Apartment
Bedrooms
2
Bathrooms
1
Parkings
1

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection tomorrow 12:00 pm

    Saturday 19 September
    12:00 pm - 12:30 pm
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