62/116 Main DriveMacleod VIC 3085
Property Details for 62/116 Main Dr, Macleod
62/116 Main Dr, Macleod is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 5098m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (July 2021)
Phone enquiries - please quote property ID 25051.
Currently tenanted returning: $260 p.w. ( with potential for more)
This is the ideal investment opportunity with very little outlay and good return on your investment. The unit is situated in the Kingsbury Gardens Apartment complex designed for student accommodation.
The complex is located adjacent to the Latrobe University Bundoora Campus with gated security for car parking. A very central location in a quiet, prestigious residential area, nestled amongst parks. Attractive for either international students or students who are studying away from home.
The location is superb with easy access to public transport, free university bus service on your doorstep, Macleod train station is in walking distance and trams located on Plenty Road are less than 1.5 km away (servicing CBD and RMIT Bundoora Campus). Just 10 minutes by tram (from Plenty Road) to RMIT Bundoora Campus. The Polaris Shopping Centre is also conveniently located within 1.5km for supermarket and shopping needs.
The unit/apartment comprises:
* 1 bedroom
* Lounge
* Kitchen & study area
* Bathroom
* Reverse cycle heating/air-conditioning
* 1 Car Park
* Full communal laundry
To have a car park in this complex is rare.
The unit and the car park are on separate titles and therefore can be rented out separately if required.
They can also be sold separately.
The complex is designed to attract students and has exclusive access to Springthorpe Country Club which includes:
* Tennis Court
* Swimming Pool
* Gymnasium
* Recreational rooms, meeting rooms and courtyard / garden access for all residents.
* WIFI available and many other extras.
This property is now available for your purchase. Take advantage of the lowest interest rates ever and add this property to your rental portfolio.
Enquire today.
DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.
Property History for 62/116 Main Dr, Macleod, VIC 3085
- 25 Mar 2021Sold for $160,000
- 15 Oct 2020Listed for Sale $160,000 FOR BOTH UNIT + CAR PARK
- 07 Jan 2020Listed for Rent $235 / week
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 4,913 properties. Over the last 5 years, Houses in Macleod have seen a 21.34% increase in median value, while Units have seen a 12.72% increase. As at 28 February 2026:
- The median value for Houses in Macleod is $1,145,119 while the median value for Units is $720,336.
- Houses have a median rent of $620 while Units have a median rent of $550.
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