320/42 Porter Street, Prahran, VIC 3181

Price: $140,000

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Studio Investment Opportunity in Prahran

80456


This studio can be rented out year-round to students, offering a hassle-free income. Currently renting for $1,238 per month, it features low body corporate fees of only $1,982 per annum, making it an ideal investment opportunity.

This furnished, cozy student apartment rental unit in Prahran is perfect for those looking for an affordable yet convenient living investment. The unit features a bright and homely atmosphere, ensuring it remains an attractive rental. Close to public transport, shops, cafes, restaurants, supermarkets, parks, and amenities, this location is ideal for students.

Situated near the corner of Greville Street and less than 5 minutes from Chapel Street and the Prahran Market, you'll be in the heart of one of Melbourne's most vibrant areas, with easy access to trams and Prahran Station just 100m away.

The unit boasts the following features:
- A bathroom with built-in storage shelving
- Studio living
- Kitchen equipped with an electric cooktop, microwave, and fridge
- A study desk in the bedroom, perfect for students
- A private balcony for outdoor relaxation
- Communal laundry facilities onsite - Secure entrance for peace of mind
- Lift access to all levels for convenience

With its proximity to educational institutions, public transport, and vibrant lifestyle options, this property ensures a steady stream of potential tenants.

Rented out until January 2025 with the option to continue the contract.

Don't miss out on this effortless investment dream!

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
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View Original Listing: For Sale By Owner