48/116 Main Drive, Macleod, Vic 3085

$110,000 - $120,000

Unit
Type
1
Bedrooms
1
Bathrooms

Published on Wednesday, October 21, 2026 ( See property details for 48/116 Main Drive, Macleod, Vic 3085)

$110,000 - $120,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A fully furnished, low-maintenance one-bedroom apartment in the sought-after Springthorpe Estate, offering excellent rental returns and exclusive amenities.

🏡 Property Highlights

  • High-yield, cash-flow positive investment opportunity
  • Fully furnished apartment in Springthorpe Estate
  • Prime location near La Trobe University and public transport
  • Currently leased at approximately $1,238 per month
  • Access to communal facilities including resident lounge and shared laundry
  • Exclusive resident access to Springthorpe Country Club

✨ Key Features

  • Open-Plan Living
  • Secure Entry
  • Built-in Robes
  • Outdoor Area
  • Shared Laundry
  • Fully Furnished
  • Low-Maintenance Living
  • Pet-Friendly
  • Security Screens / Gates
  • Water Tank

Macleod offers a vibrant community with excellent transport links, proximity to La Trobe University, and a thriving shopping precinct. The area is ideal for students and professionals seeking convenience, with parks and amenities enhancing the lifestyle. Its strategic location ensures strong rental demand and growth potential, making it a prime choice for investors and residents alike.

What are the ongoing costs associated with this property?
The ongoing costs include strata fees, council rates, and utility expenses. Specific details can be obtained from the current strata management and local council.
Is the property compliant with all building and safety regulations?
Yes, the property complies with all relevant building codes and safety standards. A recent inspection report can be provided upon request.
What is the condition of the communal facilities and shared laundry?
The communal facilities, including the resident lounge and shared laundry, are well-maintained and regularly serviced to ensure a high standard of living.
Are there any planned developments or zoning changes in the area?
Current planning and zoning information indicates no major developments that would impact the property. However, prospective buyers should verify with local planning authorities.
What are the noise levels and neighbour conditions like?
The property is situated in a peaceful part of the estate with minimal noise disturbance, and the community is friendly and well-managed.
Are there any hidden costs or upcoming special levies associated with the strata or community fees? Has the property been inspected for any structural or pest issues recently? Are there any restrictions on leasing or subletting the property? Is there any history of flooding or bushfire risk in the area? Are there any ongoing or upcoming construction projects nearby that could affect living conditions or property value?

48/116 Main Drive, Macleod, Vic 3085 - More Details

$110,000 - $120,000

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:
Type
Unit
Bedrooms
1
Bathrooms
1

Price guide

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Map & nearby places — 48/116 Main Drive, Macleod, Vic 3085

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Costs and returns

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

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