Back 2 The Grange
Off Market

2 The Grange

Templestowe VIC 3106

3
2
2
897 m²
House
Last sold for $1,750,000
Alec StefanoskiAlec Stefanoski, last sold this property on 18 November 2025 after 46 days on market.

Overview

Prime Corner Block in Serpells Zone

SOLD BY WOODARDS MANNINGHAM Set on a prime flat corner block of approx. 897sqm, this exceptional property presents a rare and highly sought-after development opportunity in the heart of Templestowe. With wide dual street frontages and flexible zoning, this site offers outstanding potential for redevelopment, subdivision, or multi-unit development (STCA). This is a golden opportunity for developers, builders, or land-bankers to secure a prominent site in a tightly held pocket – where large corner blocks are increasingly hard to find. The generous proportions, level land, and high-exposure positioning make it ideal for a variety of residential or mixed-use outcomes. Currently occupying the block is a long-standing milkbar and a solid, well-maintained three-bedroom, two-bathroom residence. Whether you choose to retain the existing structure, generate rental income during the planning phase, or redevelop entirely, the options here are wide open. Located moments from Templestowe Village, quality schools, transport, and parklands, this is a location that promises strong demand and excellent growth prospects. Key Highlights: • Flat corner block of approx. 897sqm with wide frontage • Huge potential for subdivision or multi-dwelling development (STCA) • Existing commercial & residential setup for dual-income potential • Prime position close to amenities, schools & transport • Rare chance to secure a high-exposure site in a blue-chip locale Opportunities like this are extremely rare – act quickly to secure one of Templestowe’s last great corner development blocks.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
897 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Templestowe over the last 12 months, the estimated median property value of 2 The Grange is $1.31m.

Median value
$1.31m
Estimated value range
$910k - $2.6m
Median days on market
26
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Templestowe. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2 The Grange

2025
Sold
$1,750,000
18 Nov 2025 by Alec Stefanoski, of Woodards Manningham

Happy sellers in Templestowe

82%
82% of sellers in Templestowe reported that their sale price either exceeded or met their price expectations.

Templestowe stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 32 reviews in Templestowe over the last 12 months.

Local market activity for 3 bedroom houses in Templestowe

In the last 12 months, 15 three-bedroom houses similar to 2 The Grange, have been sold.

This represents a 38% increase in three-bedroom houses sales when compared to the previous 12 months.

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