$129,000
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11/8 Porter Street, Prahran VIC 3181

Apartment
11

Expressions of Interest Closing Sunday 14 July at 5PM (Unless Sold Prior)

Unique Investment Opportunity in this Exclusive Boutique Student Accommodation.

Discover a rare gem in the heart of Prahran a well-sized one-bedroom apartment with a balcony, located in the highly sought-after area of Porter Street. This exclusive property offers a fantastic opportunity for investors looking to expand their real estate portfolio or break into the thriving rental market.

Why Invest Here?

Prime Location: Nestled in a tranquil, private setting, yet just a short stroll away from all that is vibrant and trendy in Prahran. The perfect blend of peace and urban excitement.

High Rental Demand: Prahran is a hotspot for renters, ensuring strong and steady rental returns. This studio apartment is ideal for students seeking a modern, convenient living space. Self-manage or engage the services of Student Housing Australia to manage your investment.

Local Amenities: A stone's throw away from some of the best cafes, restaurants, and bars Melbourne has to offer. Draw cards are morning coffee at the bustling Prahran Market, dine at the renowned Hanoi Hannah, or savour a cocktail at Jungle Boy.

Renowned Shopping and Dining: The wonders of Greville & Chapel Street, renowned for the eclectic mix of boutique shops, trendy eateries, and vibrant nightlife are all within walking distance.

Public Transport: Excellent connectivity with public transport options. Prahran train station and the No. 6 Glen Iris tram are just a stone's throw away, making commutes to the CBD and other parts of Melbourne a breeze.

Future Growth: Prahran continues to grow and evolve, with ongoing developments and community enhancements promising increased property values over time.

This studio apartment is not just a place to live but a smart investment in one of Melbourne's most dynamic suburbs. Don't miss this chance to secure a foothold in Prahran's exclusive Porter Street Boutique Student Accommodation.

Act now and watch your investment grow!

Contact me today to discuss why this property is the perfect addition to your investment portfolio.

Terms: 10% depost, balance 30/45 days

Inspections

No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.

Send an enquiry

Contact Domenic Malgeri to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
1
Bathrooms:
1
Property type:
Apartment

Other Details

Lot:
11
Plan:
PS604835
Legal description:
11\PS604835
Fletchers Blackburn

Maps and area information

Block information
Legal description: 11\PS604835
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Nearby sales

Looking to compare sales prices?

We found 221 apartments with 1 bedrooms that just sold near 11/8 Porter Street Prahran

Property history

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See Prahran's suburb profile

Statement of information

Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.

Prahran suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
35 years
Population
12,203
Listing ID: 182616684. This listing has been viewed 5 times. It was first displayed on 21/06/2024 and last updated on 02/07/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.