Exceptional Development Opportunity with Outstanding Future Potential (STCA)
Set on a substantial 653sqm (approx.) allotment in the sought-after Residential Growth Zone with a DDO8 Overlay, this outstanding property presents an exceptional opportunity for developers, investors and astute buyers. With zoning that supports higher-density redevelopment (STCA), this is a rare chance to secure a premium site in a highly convenient location.
Equally appealing, buyers can lease out or enjoy the existing residence while planning for the future. The home offers a functional floorplan comprising three bedrooms, a study or potential fourth bedroom, central bathroom, separate shower room, dual-access toilet and laundry. A comfortable lounge with a gas log fireplace flows through to the dining area and kitchen, opening onto an alfresco entertaining space and backyard, with glimpses of the Melbourne CBD serving as an added bonus.
A versatile self-contained studio/bungalow provides additional accommodation, complete with a living/bedroom area, kitchenette and bathroom, making it ideal for extended family, guests, a home office or potential rental income.
Additional features include ducted heating, split system air conditioning, high ceilings and a carport.
Positioned for absolute convenience, a bus stop is at your doorstep, while Templestowe Heights Primary School, Templestowe College, St Gregory the Great Primary School, Aquarena Leisure Centre, Westfield Doncaster, Ruffey Lake Park, Park & Ride and the Eastern Freeway are all within easy reach.
A rare opportunity to secure a quality landholding with immediate liveability, strong investment appeal and exceptional redevelopment potential in one of the area’s most sought-after growth locations.
