510/42 Porter Street, Prahran, Vic 3181

Bedrooms
1
Bathrooms
1
Type
Studio

Published on Wednesday, July 10, 2024

$150,000

510/42 Porter Street, Prahran, Vic 3181 - More Details

$150,000

Currently, this apartment offers a stable and attractive rental return on a monthly tenancy leased at $13,032 P.A.


The rent will be increased upon signing a new lease, reflecting the strong demand for student housing in the area.

Situated in a prime location, this student accommodation apartment presents a compelling investment opportunity. It is poised to yield consistently growing rental returns as students flock back to the country. With strong immigration growth and a surge of international students, rents are anticipated to continue to rise steadily in the foreseeable future.

Located on the fifth floor, this apartment provides a serene environment with urban views over the leafy suburbs. It is designed with student needs in mind and features a fully equipped kitchen with a gas cooktop, ample storage, and modern stainless steel appliances, including a microwave and dishwasher. The living area opens onto a private balcony, adding to the apartment's appeal. The single bedroom has a built-in robe and shelf for convenient storage, and the bathroom is well-appointed with contemporary fixtures and generous shelving. The building includes communal breakout areas and laundry facilities, enhancing the student living experience.

This apartment is perfectly positioned just a 2-minute walk from Prahran train station and offers direct access to CBD campuses. It's also just a short distance from the bustling Greville and Chapel Street areas, making it an ideal choice for students worldwide.

Approximate Outgoings:

Strata Fees: $1,963.60
Council Rates: $480.00
Water Rates: $640.00

Seize This Exceptional Opportunity in the Student Accommodation Market.
Type
Studio
Bedrooms
1
Bathrooms
1

Price guide

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510/42 Porter Street Prahran VIC 3181

Property FAQs

What is the current asking price for the 510/42 Porter Street, Prahran, Vic 3181?

Scott Banks Real Estate Group - MELBOURNE has not listed a sale price for 510/42 Porter Street, Prahran, Vic 3181. Contact the agent for a price guide.

How many bedrooms does the property listed 510/42 Porter Street, Prahran, Vic 3181 feature?

510/42 Porter Street, Prahran, Vic 3181 is a 1 bedroom Studio.

What are the standout features of the 510/42 Porter Street, Prahran, Vic 3181?

Explore all key property features for 510/42 Porter Street, Prahran, Vic 3181. Click here to find out more.

What is the total land area and built-up area of the 510/42 Porter Street, Prahran, Vic 3181?

The total land area and built-up area of the 510/42 Porter Street, Prahran, Vic 3181 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 510/42 Porter Street, Prahran, Vic 3181?

There were no car spaces found on the listing for 510/42 Porter Street, Prahran, Vic 3181.

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