Back 27A/116 Main Drive
Off Market

27A/116 Main Drive

Macleod VIC 3085

1
1
Apartment
Last sold for $115,000
Vally RazkoVally Razko, last sold this property on 24 September 2025 after 95 days on market.

Overview

Exciting Opportunity for Investors in Springthorpe Estate

Discover an exceptional opportunity for savvy investors looking to expand their portfolio in the prestigious Springthorpe Estate. This ground-floor apartment, with a rental income of $1173 per month until 4/2/2026, 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. PHOTO ID REQUIRED Due diligence checklist - consumer.vic.gov.au/duediligencechecklist Privacy Policy and Privacy Collection Notice - rataandco.com.au/privacy-policy Material Facts - please refer to the contract of sale and vendor statement for material facts. Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.

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 27A/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 27A/116 Main Drive

2025
Sold
$115,000
24 Sep 2025 by Vally Razko, of Harcourts Rata & Co - Mill Park/South Morang
2024
Sold
$100,000
17 Sep 2024 by Vally Razko, of Harcourts Rata & Co - Mill Park/South Morang

Happy sellers in Macleod

93%
93% 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 26 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 27A/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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