11/8 Porter Street, Prahran, Vic 3181

$125K-$137K

Unit
Type
1
Bedrooms
1
Bathrooms

Published on Friday, May 29, 2026 ( See property details for 11/8 Porter Street, Prahran, Vic 3181)

$125K-$137K

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

A well-presented, low-maintenance student apartment in a vibrant Melbourne location, offering secure income and excellent lifestyle amenities.

🏡 Property Highlights

  • Secure student accommodation investment with fixed tenancy until 2027
  • Currently leased at $320 per week, ensuring immediate rental income
  • Prime inner-city location close to Prahran Market, Chapel Street, and public transport
  • Light-filled open-plan layout with private balcony for natural ventilation
  • Proximity to leading universities including Monash University Caulfield Campus
  • Low-maintenance design ideal for investors seeking hassle-free ownership

✨ Key Features

  • Ensuite
  • Split-system heating and cooling
  • Private balcony
  • Built-in storage
  • Gas cooking
  • Open-Plan Living
  • Security Screens / Gates
  • Low-Maintenance Yard
  • Internal Laundry
  • Home Office / Study Nook

Prahran is a vibrant inner-city suburb renowned for its lively shopping, dining, and entertainment scene. It offers excellent public transport links, proximity to top universities, and a diverse community atmosphere. The area boasts a mix of trendy cafes, boutique shops, and cultural venues, making it highly desirable for students and young professionals alike.

What are the ongoing costs associated with this property?
As a leased apartment, ongoing costs typically include strata fees, council rates, and utility charges, which should be confirmed with the current strata manager.
Is the property compliant with current building and safety standards?
The property is maintained to meet all relevant safety and building standards; however, a detailed inspection and compliance report are recommended prior to purchase.
What is the condition of the building and apartment?
The apartment is well-presented and maintained, with modern fixtures and a functional layout suitable for student living.
Are there any planned developments or zoning changes in the area?
Potential buyers should review local council planning schemes for any upcoming developments that may impact the area.
What are the terms of the current lease agreement?
The lease is fixed until 8 January 2027, with a weekly rent of $320, providing stable income for the investor.
Are there any additional costs or fees not included in the current strata or council rates? Has the property been recently renovated or updated to meet current standards? Are there any restrictions or covenants affecting the use of the property? Is there any history of pest or structural issues in the building? What are the plans for future development in the vicinity that could affect the property’s value? Are there any upcoming maintenance or special levies expected from the strata corporation? Is the property compliant with fire safety regulations and equipped with necessary safety features? Are there any noise or disturbance issues from neighboring properties? What is the process for transferring the lease if I decide to sell the property? Are there any restrictions on property modifications or renovations?

11/8 Porter Street, Prahran, Vic 3181 - More Details

$125K-$137K

Positioned in one of Melbourne’s most vibrant lifestyle precincts, this well-presented student accommodation apartment offers an outstanding opportunity for investors seeking secure rental income and low-maintenance ownership.

Currently leased at $320 per week ($1,390 per month) until 8 January 2027, the property provides immediate returns with a tenancy already in place.

Designed for comfortable student living, the apartment features a practical open-plan layout with a light-filled bedroom/living area, private ensuite bathroom, functional kitchenette with gas cooking, built-in storage, and split-system heating/cooling for year-round comfort. A private balcony further enhances the appeal, offering additional natural light and ventilation.

Located within close proximity to Prahran Market, Chapel Street shopping and dining, public transport, and leading universities including Monash University (Caulfield Campus), this is an ideal addition to any investment portfolio.

Property Features:

Secure student accommodation investment
Currently leased at $320 per week
Fixed tenancy until 08/01/2027
Functional kitchenette with gas cooktop
Private ensuite bathroom
Split-system heating and cooling
Private balcony
Low-maintenance layout
Excellent inner-city location close to transport, shops and cafes

A fantastic opportunity to secure an affordable entry into Melbourne’s tightly held student accommodation market.
Type
Unit
Bedrooms
1
Bathrooms
1

Price guide

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