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60/116 Main Drive, Macleod$105,000
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60/116 Main Drive

Macleod, VIC 3085, Australia
$105,000
1 bed 1 bath

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About this property

Positioned in the prestigious Springthorpe Estate, this contemporary ground-floor student apartment offers a rare blend of comfort, security, and location just moments from La Trobe University. Apartment Highlights: - Currently leased at $250 per week until 17/02/2027 - Generous Bedroom Accommodates a double bed with ease - Modern Bathroom Stylish and private with full shower amenities - Fully Appointed Kitchen Unlike many student units, this one features great bench space and storage - Study Ready Built-in desk and workspace to support focused study - Secure Entry Peace of mind with controlled access Premium Position for Students: - Walk to La Trobe University or hop on the free campus shuttle right at your doorstep - Easy access to Plenty Road trams and Macleod Train Station - Close to Shopping Precinct, cafes, Woolworths, and medical services - Nestled among leafy parklands and tranquil green corridors The Ideal Set-and-Forget Investment Opportunities like this don't come often: a modern, well-equipped student apartment in one of Melbourne's most desirable university precincts. Whether you're seeking a low-maintenance investment with strong rental yield or a future-ready home for a student in the family, this one delivers on every front. There are some historic levies relating to the building rectification works, however the vendor will clear all Owners Corporation arrears at settlement so the incoming owner takes possession with a clean account. Contact us today to learn more or arrange a private inspection. - - - - - - - - Disclaimer: We have, in preparing this document, used our best endeavors to ensure that the information contained is accurate. Images with staged furniture as indicated. Prospective purchasers should independently verify all information provided and consult the due diligence checklist provided by Consumer Affairs Victoria

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Listed
3 months ago

Repayment calculator

$509/month
$255 /fortnight
Loan $84,000 at 6.10% over 30 years

Upfront costs

Deposit$21,000
Stamp duty$2,270
Conveyancing (est.)$2,000
Total upfront$25,270
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Macleod

This 1-bedroom apartment in Macleod, VIC 3085 sits within reach of public transport, local shops and nearby schools. It is listed 86% below the $770,000 median of 54 comparable apartmentswithin 5 km.

Schools near Macleod

  • Ivanhoe Grammar School - University Campuscombined
  • Macleod Collegecombined · Prep-12 · CoEd

What's nearby

  • Ernest Jones Drive/Main Drive (bus)44 m away
  • Maple Grove - Milk Bar1.0 km away
  • Ernest Jones Reserve184 m away
  • Cascade Park289 m away
  • Unnamed353 m away

Macleod at a glance

Full suburb profile
Population
9,892
Median age
41
Household income
$1,966/wk
Median rent
$396/wk
Median mortgage
$2,296/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Macleod price trend

Median sold · Unit 1 bed

$110kcurrent median

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Price history

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1 price change recorded for this property

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