A landmark opportunity in one of Templestowe's most exclusive pockets, this remarkable estate spanning approximately 9,016sqm presents limitless potential for developers, investors, and lifestyle buyers alike. With a generous 38m frontage and concept plan for two expansive lots, this blue-chip address offers the flexibility to subdivide, rebuild, or renovate the existing family residence (STCA).
Nestled within a serene, leafy streetscape, the existing six-bedroom, four-bathroom home showcases impressive proportions, rich timber interiors, and classic architectural charm. Multiple living and entertaining zones-including a grand lounge with cathedral ceilings, a large rumpus, and family room-deliver both space and character, while the original design invites creative transformation to modern luxury.
Outdoors, the estate unfolds into beautifully treed gardens featuring a pool, alfresco entertaining area, and an expansive rear yard, creating a sense of privacy and tranquillity rarely found on this scale.
Key Highlights:
-Massive 9,016sqm (approx.) landholding with dual-lot concept plan
-Exceptional potential for luxury redevelopment, multi-home subdivision, or estate restoration (STCA)
-Substantial family home with six bedrooms plus study and multiple living domains
-Classic brick construction, high ceilings, timber detailing, and abundant natural light
-Expansive gardens with pool, pergola, covered alfresco, and workshop
-Coveted location moments to Serpell Primary, East Doncaster Secondary College, The Pines Shopping Centre, and Westfield Doncaster
-Easy access to Ruffey Lake Park, city buses, and the Eastern Freeway
A property of rare scale and versatility, 216218 Serpells Road represents a once-in-a-lifetime chance to secure a landmark holding in Melbourne's prestigious eastern corridor-perfect for those with vision and a desire to create something extraordinary.
