103/8 Porter Street

Prahran, VIC 3181, Australia

1 bed 0 bath 0 car

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Area Price Guide

$112,800 – $127,200

Indicative price guide range

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Comparable

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$530,000

Area median

⚖️

-77%

vs median

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2 weeks ago

Listed

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Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Positioned in a popular and tightly held student-only complex, Apartment 103 at 8 Porter Street presents an affordable and well-positioned entry into the high-demand student accommodation market. Fully furnished and thoughtfully designed for comfort and function, this ground-floor studio delivers solid rental performance and effortless ongoing management-ideal for investors looking for a dependable income stream in a proven location. The apartment offers a practical, low-maintenance layout with a private bedroom zone, open-plan living, a well-appointed kitchen with gas cooking, and a sleek, modern bathroom. Included in the sale are essential furnishings such as a bed, desk, TV, microwave, fridge, and heating, ensuring continued appeal for tenants year after year. The complex also includes secure intercom access, lift access, communal laundry, CCTV in common areas, bike storage, and optional secure basement parking via a car stacker system. Located just moments from vibrant Chapel Street, residents enjoy easy access to local cafés, restaurants, bars, boutique shopping, and entertainment. With Prahran Market, The Jam Factory, and multiple tram routes all nearby, plus Prahran Station just down the road, connectivity is seamless. Swinburne Prahran and Melbourne Polytechnic campuses are both within walking distance - driving strong, consistent demand from both domestic and international students. Features Include: * Currently leased until 29/1/26 on $1217 per month * Security entrance for peace of mind * Lift access to all floors for convenience * Large communal common room for socialising * CCTV surveillance camera in common areas for added security * Onsite communal (coin-operated) laundry facilities * Spacious furnished studio apartments designed for student living * Stylish and private modern bathroom for comfort * Private kitchenette with gas cooking, fridge, and microwave for convenience * Single bed with mattress included * LCD TV, robe, desk, and chair provided, along with heating for coziness Now is the time to secure a high-performing asset in one of Melbourne's most desirable inner-city student precincts. Contact us today!