78 Greenslopes Drive, Mooroolbark VIC 3138

Subdivided townhouse with dual-occupancy potential | Bushfire overlay but no flood or heritage risk | Walking distance to schools, shops, and trails | Listed with McGrath, strong rental demand in Mooroolbark. This property’s primary competitive strength lies in its dual-occupancy configuration, offering a rare combination of modern townhouse finishes and subdivision potential within a bushfire-prone but otherwise low-risk overlay area. The high ceilings, double-glazed windows, and stone benchtops position it as a premium rental or owner-occupier choice, particularly suited to families seeking proximity to multiple schools and Chirnside Shopping Centre. The extra-long garage and FTTP connectivity add practical appeal for remote workers or those with larger vehicles, while the adjacent 78A unit’s separate lease history confirms strong rental demand at $680–$755 per week. The bushfire overlay introduces a specific cost for insurance and potential landscaping requirements, but the absence of flood or heritage overlays simplifies due diligence. The land size inconsistency across listings (323–873m²) signals a need for title verification before any subdivision plans proceed, though the existing dual-unit setup already supports separate occupancy. For a buyer, this property works best as a hold-and-lease strategy with optional future subdivision, or as a dual-income rental with minimal renovation required.