94c/116-130 Main Dr, Macleod is a 1 bedroom, 1 bathroom Unit.
Introducing an exceptional opportunity for astute investors seeking to initiate or diversify their investment portfolio in the esteemed Springthorpe Estate. Seize the chance to acquire a lucrative cash flow investment, boasting unparalleled convenience at your doorstep, nestled within close proximity to La Trobe University, the Plenty Rd tram, Macleod station, and Polaris shopping precinct. Exclusive to Student Accommodation
This outstanding apartment, currently under lease until February 2025 with an approximate rental income of $1130 pcm. presents an enticing prospect. Situated on the ground floor, the apartment comes fully furnished, featuring an expansive open living layout with secure entry and access to communal amenities such as a lounge area and laundry facilities. Additionally, residents enjoy complimentary access to the prestigious Springthorpe Country Club, offering a plethora of amenities including a state-of-the-art gymnasium, tennis courts, swimming pool, computer/internet facilities, recreational areas, and outdoor BBQ facilities. Don't miss out on this remarkable opportunity to invest in both property and lifestyle.
The size of Macleod is approximately 4.6 square kilometres. There are 23 parks, covering nearly 17.6% of the 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 4,917 properties. Over the last 5 years, Houses in Macleod have seen a -10.38% decrease in median value, while Units have seen a 0.74% increase. As at 31 August 2026:
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