9/42 Porter Street, Prahran, Vic 3181

$150K

Unit
Type
1
Bedrooms
1
Bathrooms

Published on Tuesday, May 12, 2026 ( See property details for 9/42 Porter Street, Prahran, Vic 3181)

$150K

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A modern, low-maintenance student apartment in Prahran offering secure long-term rental income and prime inner-city living.

🏡 Property Highlights

  • Secure lease in place until 16/02/2027 with $320 weekly rental income
  • Located in the vibrant heart of Prahran, close to Chapel Street precincts
  • Purpose-built student accommodation with modern finishes
  • Low-maintenance, functional layout ideal for student living
  • Proximity to public transport, parks, and leading educational institutions
  • Contemporary kitchenette with gas cooking and stylish bathroom

✨ Key Features

  • Ensuite
  • Open-Plan Living
  • Built-in Robes
  • Dishwasher
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

Prahran is a vibrant Melbourne suburb renowned for its lively shopping and dining precincts, excellent public transport links, and proximity to parks and universities. It offers a dynamic lifestyle with a strong rental demand, making it an ideal location for investors and students alike. The area boasts a mix of trendy cafes, boutique shops, and cultural attractions, all within easy reach of the CBD. Prahran’s diverse community and urban amenities create a highly desirable living environment. Its strategic position ensures excellent connectivity and lifestyle convenience for residents.

What are the key features of this student apartment?
This apartment features a modern ensuite bathroom, a functional kitchenette with gas cooking, a comfortable study and living area, and contemporary finishes throughout, designed for low-maintenance student living.
Is the property currently leased, and what is the rental income?
Yes, the property is leased until 16 February 2027 at $320 per week, providing immediate rental income and investment security.
What amenities and facilities are nearby?
The apartment is within walking distance to Chapel Street shopping and dining precincts, public transport options, parks, and nearby universities, offering a highly convenient inner-city lifestyle.
Is this property suitable for long-term investment?
Absolutely, with a secure lease in place until 2027, strong rental demand in Prahran, and a low-maintenance design, this property is an excellent long-term investment opportunity.
What makes this apartment ideal for students?
Its purpose-built design, proximity to educational institutions, and functional layout with a study area make it perfect for student living.
Are there any upcoming strata or body corporate fees and what do they cover? Are there any restrictions or easements affecting the property? Has the property been inspected for structural defects or repairs needed? Are there any planned developments or construction projects nearby that could impact the property? What are the zoning regulations and potential for future development in the area? Is the property located in a flood or bushfire-prone zone? Are there any additional costs or fees associated with the lease or property management? What are the terms of the lease, and are there any conditions that could change? Is there any history of noise or nuisance issues in the building or surrounding area? Are there any restrictions on pet ownership within the building or complex?

9/42 Porter Street, Prahran, Vic 3181 - More Details

$150K

Type
Unit
Bedrooms
1
Bathrooms
1

Price guide

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