111/32-34 St Edmonds Road
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About this property
This purpose-built student accommodation apartment presents a straightforward, set-and-forget investment in one of Melbourne's most desirable inner-city locations. Currently leased at $16,680 per annum and secured until 12 January 2027, the apartment provides a stable income stream with a fixed tenancy already in place. The floorplan offers a practical studio-style layout with a defined sleeping zone, study area, kitchenette and private bathroom, designed specifically to suit student living. The apartment is positioned within a well-maintained complex featuring secure entry, lift access, communal laundry facilities and shared resident amenities. Located on St Edmonds Road, the property sits within easy walking distance of Prahran Station, Chapel Street, Prahran Market and multiple tram routes, making it highly appealing to students attending nearby city and inner-suburban campuses. Purpose-built student accommodation remains a tightly held asset class, offering consistent demand and clearly defined rental use. Key features: Student accommodation only Lease in place until 12 January 2027 Current rent: $1,390 per calendar month ($16,680 p.a.) Secure building with lift access Strong inner-city Prahran location Low-maintenance investment format Boasting character and desirable features combined with a central location, this won't last long on the market. Don't miss this terrific opportunity! ------ Disclaimer: We have, in preparing this document, used our best endeavors to ensure that the information contained is accurate. Images with staged furnishings as indicated on the photos. Prospective purchasers should independently verify all information provided and consult the due diligence checklist provided by Consumer Affairs Victoria
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Listed
- 3 months ago
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Neighbourhood
Living in Prahran
This 1-bedroom apartment in Prahran, VIC 3181 sits within reach of public transport, local shops local amenities. It is listed 77% below the $560,000 median of 54 comparable apartmentswithin 5 km.
What's nearby
- Stop 46: Chatham Street (tram) — 189 m away
- The Freedom Machine — 126 m away
- Unnamed — 164 m away
- Grattan Gardens — 225 m away
- Unnamed — 331 m away
Prahran at a glance
Full suburb profile- Population
- 12,203
- Median age
- 34
- Household income
- $2,121/wk
- Median rent
- $421/wk
- Median mortgage
- $2,274/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Prahran price trend
Median sold · Unit 1 bed
Compound growth -0.3% / yr over 4 yrs
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Price history
Listing price changes
2 price changes recorded for this property
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