Back 48/116 Main Drive
Active

48/116 Main Drive

Macleod VIC 3085

1
1
Unit
Currently for sale - view listing

Overview

Opportunity Awaits

Astute investors, take note - this is your chance to secure a high-yield, cash-flow positive property in the exclusive Springthorpe Estate. Perfectly positioned just moments from La Trobe University, Plenty Road tram, Macleod Train Station, and the vibrant Polaris Shopping Precinct, this fully furnished apartment offers unmatched convenience and consistent rental demand. Currently leased and returning approximately $1,238 per month, this apartment represents a smart addition to any portfolio. Featuring a spacious open-plan living area, secure entry, and access to communal facilities including a resident lounge and shared laundry, it's tailored for low-maintenance, high-demand living - ideal for students. Exclusive Resident Access to Springthorpe Country Club:

Features

1 bedroom
1 bathroom
Unit

Property history for 48/116 Main Drive

2025
Sold
$110,000
03 Sep 2025 by Spiros Vamvalis, of Collings Real Estate
2014
Sold
$85,000
Private Sale/Treaty on 03 Jun 2014 by Mark Pipolo, of Stockdale & Leggo Bundoora

Happy sellers in Macleod

91%
91% 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 24 reviews in Macleod over the last 12 months.

Local market activity for 1 bedroom units in Macleod

In the last 12 months, 1 one-bedroom unit similar to 48/116 Main Drive, have been sold.

This represents a 50% increase in one-bedroom units sales when compared to the previous 12 months.

© 2026 RateMyAgent