Back 7A/116 Main Drive
Off Market

7A/116 Main Drive

Macleod VIC 3085

1
1
0 m²
Apartment
Last sold for $108,000
Matilda ZupanMatilda Zupan, last sold this property on 08 December 2025 after 10 days on market.

Overview

Superb Investment Opportunity in Springthorpe Estate

Convenience and affordability are the cornerstone to this delightful 1-bedroom apartment in the student accommodation in the Springthorpe Estate, moments from La Trobe University. Secure living for students as they complete their education, offering parents peace of mind and the astute investor a good opportunity to buy a "set and forget" rental property. Currently leased to 4/2/2026 at $285pw ($1238pcm), this property provides a good income stream which won't break the budget. Ground floor location, this apartment features kitchenette with gas cooktop, separate bathroom with shower, living area complete with sizeable desk and neat separate bedroom- all neatly packaged. & fully furnished. The facilities available to residents include use of gym, common room, laundry and pool & tennis courts. Springthorpe estate residents also benefit with access to the prestigious Springthorpe Country Club, with a wide range of top-tier amenities including: Tennis courts, swimming pool, computer/internet facilities, gym, recreational areas and outdoor BBQ spaces This neat property offers a great rental return and a lifestyle that attracts good quality tenants. Located moments to Polaris dining and shopping precincts, La Trobe University, Bus at your doorstep and Plenty Rd Tram 86 to the university or CBD, a short stroll away. Don't miss your chance to invest in a property that delivers on all fronts. Be quick to snap this one up! Property Features Includes: * Security Entrance * Communal Laundry onsite * 2 Large Common Rooms * Access to Gym & Pool * Car Parking available for rent, Subject to availability Owners Corporation Fees $3,092.10 per annum approx Private Inspections Available - Contact Matilda on 0425 881 656

Features

1 bedroom
1 bathroom
0 m² floor area
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 7A/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 7A/116 Main Drive

2025
Sold
$108,000
08 Dec 2025 by Matilda Zupan, of Stockdale & Leggo 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 7A/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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