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129/116 Main Drive,
Macleod 3085, Victoria

1 bedroom
1 bathroom
5,098.04m² land size
House

Price withheld


Property details

Fantastic Investment Choice - Buy one or both!

Apartment 42 $95,000 - $104,000
Apartment 129 $105,000 - $110,000

Conveniently positioned only a short distance from La Trobe University, presents a positive cashflow investment opportunity to secure either one or both extra spacious student apartments on offer.

- Apartment 42 currently leased until July 2023 returning $10,000 per annum approx
- Apartment 129 currently leased until February 2024 returning $11,000 per annum approx

Fully furnished including double bed, couch, TV, inbuilt study desk, fridge features heating/cooling with access to laundry facilities, recreational rooms all set in a secure complex. Add to this complimentary access to Springthorpe Country Club facilities including gym and pool, Strathallan golf course next door, free Glider bus services at your doorstep all set within a short stroll to Polaris Shopping precinct, Macleod train station and Plenty Road 86 tram.

This is the perfect choice to either start or add to your investment portfolio or utilise your self managed superfund to secure your future.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.


Explore the area


School catchments

  • Bundoora Primary School Primary Prep-6 Government 0.84km
  • Ivanhoe Grammar School - University Campus Combined Independent 0.92km
  • Macleod College Combined Prep-12 Government 1.5km
  • Charles La Trobe P-12 College-Deaf Facility Combined Government 1.6km
  • Charles La Trobe P-12 College Combined Prep-12 Government 1.6km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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