Under Offer 13/06/2024
ESR: $110,000 - $120,000
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61B/116-130 Main Drive, MacLeod VIC 3085

Apartment
111

A Superb Yield And A Generous Cashflow

An ideal option for those seeking to start or add to their property portfolio or perhaps introduce some diversity to their self-managed superfund, this studio apartment (only available to be leased to students), is set to deliver a superb yield and return a generous cash flow.

Securely leased until February 5th 2025, and returning $1,130.00 pcm. ($13,560.00 p/a), it will be sold with a separately titled parking space leased until February 18th 2025, with a return of $170 pcm ($2040.00 p/a)

Set among parklands, surprisingly generous spaces comprise a bedroom, living area, study nook, small kitchen and a bathroom. It is an ideal opportunity for students who would like the privacy of their own space while still being a part of a supportive community.

Residents enjoy access to common rooms, a communal laundry, the gym and pool and the free Uni courtesy bus passing the door.

The supermarket and popular dining and takeaway options of Polaris Shopping Centre are a short walk away, as is the 86 tram, ensuring residents are well connected to universities beyond nearby La Trobe and the CBD for work and play.


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Contact Dennis Langham to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
1
Bathrooms:
1
Garage Spaces:
1
Property type:
Apartment

Other Details

Morrison Kleeman Estate Agents

Maps and area information

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Nearby sales

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We found 3 apartments with 1 bedrooms that just sold near 61B/116-130 Main Drive MacLeod

Property history

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Statement of information

Section 47AF of the Estate Agents Act 1980
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Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.

MacLeod suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
43 years
Population
9,892
Listing ID: 182541724. This listing has been viewed 2 times. It was first displayed on 22/05/2024 and last updated on 13/06/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.