10 Primary Street, Mooroolbark VIC 3138

Tri-level townhouse | walkable Mooroolbark core | study/bedroom flexibility | quiet complex positioning The tri-level configuration offers genuine separation of living and sleeping zones, a rare advantage in townhouse product at this price point. The ground-floor study that doubles as a bedroom adds practical flexibility for a buyer wanting guest accommodation or home office without sacrificing upper-level privacy. Bamboo flooring and Caesarstone finishes lift the interior beyond entry-level spec, and the alfresco balcony with sliding access extends usable space. The property best suits a downsizer or investor seeking low-maintenance exposure to Mooroolbark’s improving amenity corridor, where walking distance to train and shops reduces car dependency and supports steady rental demand. The 120sqm land component is small, limiting future redevelopment potential and capping capital growth to suburb-level appreciation rather than land-banking gains. The tri-level layout may deter older buyers or families with young children due to stair use. Rental yield at 3.8% is adequate but not exceptional for the area, and the estimated value range sits above the listed price, suggesting realistic entry. Opportunity lies in the suburb’s 4.5% growth rate and Fibre to the Premises connectivity as a tenant drawcard. Hold for medium-term capital growth and stable rental income, or occupy as a lock-and-leave base with minimal upkeep.