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Back 98C/116 Main Dr
Off Market

98C/116 Main Dr

Macleod VIC 3085

1
1
Apartment
Daniel CobernDaniel Cobern, last sold this property on 26 September 2023 after 26 days on market.

Overview

Currently Leased, With Great Rental Yield

SOLD by Jellis Craig. A fantastic and affordable opportunity for investors to secure this stylish one bedroom student apartment in the beautiful Springthorpe Estate. Leased only as student housing with a current rental lease of approx. $12,000 per annum, this terrific apartment is located on the second floor, fully furnished with an open living floor plan and features secure entry, access to communal lounge area, laundry facilities and complementary entry to enjoy the fabulous Springthorpe County Club lifestyle. The Country Club comprises excellent gymnasium, tennis courts, swimming pool, computer/internet facilities, recreation leisure areas and outdoor BBQ area. With every convenience just moment's away including bus services, Latrobe University, Macleod train station, Plenty Road 86 city bound tram and Polaris shopping precinct, makes this an ideal choice to either start or add to your property investment portfolio or perhaps to invest within your self-managed superfund.

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 98C/116 Main Dr 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 98C/116 Main Dr

2023
Sold
Undisclosed
26 Sep 2023 by Daniel Cobern, of Jellis Craig Greensborough
2018
Sold
Undisclosed
Private Sale/Treaty on 25 Aug 2018

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, 7 one-bedroom apartments similar to 98C/116 Main Dr, have been sold.

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

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Macleod

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Brett Schembri

Brett Schembri is an award winning recommended agent for Macleod.  They have 44 local sales and collected 18 local reviews across the last 12 months.

  •   4.9   (280 reviews)
  •  18 Reviews in Macleod
  •  44 Sales in Macleod
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Renato Barra

Renato Barra is a recommended agent for Macleod.  They have 7 local sales and collected 9 local reviews across the last 12 months.

  •   4.9   (119 reviews)
  •  9 Reviews in Macleod
  •  7 Sales in Macleod
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Stuart Buckingham

Sellers who recommend Stuart Buckingham have praised them for being local expert, clear communication, reliable, supportive, great negotiation, hard-working and honest

  •   4.8   (165 reviews)
  •  1 Review in Macleod
  •  5 Sales in Macleod
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Domenic Malgeri

Domenic Malgeri is a recommended agent for Macleod.  They have 5 local sales and collected 1 local review across the last 12 months.

  •   4.8   (11 reviews)
  •  1 Review in Macleod
  •  5 Sales in Macleod
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