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11/8 Porter Street

Prahran, VIC 3181, Australia
UNDER OFFER
1 bed 1 bath

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About this property

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.

Property Features

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    Repayment calculator

    $2,472/month
    $1,236 /fortnight
    Loan $408,000 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$102,000
    Stamp duty$25,670
    Conveyancing (est.)$2,000
    Total upfront$129,670
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    1
    Bathrooms
    1
    Listed
    1 week ago

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