59/116 Main DriveMacleod VIC 3085
Property Details for 59/116 Main Dr, Macleod
59/116 Main Dr, Macleod is a 1 bedroom, 1 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 1 bedroom Unit sold in Macleod in the last 12 months.
Last Listing description (August 2025)
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.
Currently leased at $1,238 per calendar month (approx. $285/week) to a reliable tenant through to December 2025, this is a set-and-forget investment opportunity in a tightly held, high-demand rental market.
Apartment Highlights:
- Leased Until End of 2025 – Secure income stream from day one
- 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
Resident-Only Lifestyle Perks – Springthorpe Country Club Access:
Included in the residency is full access to the exceptional lifestyle facilities at Springthorpe Country Club:
- Gymnasium
- Swimming Pool
- Tennis Courts
- BBQ & outdoor entertaining areas
- Computer lab with internet 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.
Contact us today to learn more or arrange a private inspection.
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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 History for 59/116 Main Dr, Macleod, VIC 3085
- 13 Aug 2025Sold for $100,000
- 22 Jul 2025Listed for Sale UNDER OFFER
- 03 Apr 2025Sold for $100,000
Recent sales nearby
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0About Macleod 3085
The size of Macleod is approximately 4.6 square kilometres. It has 23 parks covering nearly 17.6% of total area. The population of Macleod in 2016 was 9769 people. By 2021 the population was 9892 showing a population growth of 1.3% in the area during that time. The predominant age group in Macleod is 30-39 years. Households in Macleod are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Macleod work in a professional occupation.In 2021, 73.10% of the homes in Macleod were owner-occupied compared with 72.60% in 2016.
Macleod has 4,912 properties. Over the last 5 years, Houses in Macleod have seen a 30.70% increase in median value, while Units have seen a 15.56% increase. As at 30 November 2025:
- The median value for Houses in Macleod is $1,164,289 while the median value for Units is $726,242.
- Houses have a median rent of $590 while Units have a median rent of $550.
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