Back 10A/116 Main Drive
Off Market

10A/116 Main Drive

Macleod VIC 3085

1
1
Apartment
Last sold for $109,000
Tom PriceTom Price, last sold this property on 23 October 2025 after 56 days on market.

Overview

Your Next Investment Awaits

Discover an exceptional opportunity for savvy investors looking to expand their portfolio in the prestigious Springthorpe Estate. This ground-floor apartment, currently leased with an approximate rental income of approx $1200 per month, offers a compelling investment prospect. Fully furnished, it boasts a spacious open living layout with secure entry and access to communal amenities including a lounge and laundry facilities. Strategically located, this property provides unparalleled convenience with proximity to La Trobe University, the Plenty Rd tram, Macleod station, and the Polaris shopping precinct. Exclusive access to the Springthorpe Country Club adds further appeal, featuring state-of-the-art facilities like a gym, tennis courts, swimming pool, computer/internet facilities, recreational areas, and outdoor BBQ facilities. Don't miss out on this extraordinary opportunity to invest in both property and lifestyle. Owners Corporation Fees $2700 Approx Rates $1000 Approx Water $750 Approx

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Macleod over the last 12 months, the estimated median property value of 10A/116 Main Drive is $110k.

Median value
$110k
Estimated value range
$108k - $420k
Median days on market
57
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Macleod. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 10A/116 Main Drive

2025
Sold
$109,000
23 Oct 2025 by Tom Price, of Barry Plant Bundoora

Happy sellers in Macleod

92%
92% of sellers in Macleod reported that their sale price either exceeded or met their price expectations.

Macleod stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 25 reviews in Macleod over the last 12 months.

Local market activity for 1 bedroom apartments in Macleod

In the last 12 months, 6 one-bedroom apartments similar to 10A/116 Main Drive, have been sold.

This represents a 23% increase in one-bedroom apartments sales when compared to the previous 12 months.

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