Positioned on a high-profile corner of Thompsons Road, 230 Thompsons Road, Templestowe Lower offers a rare chance to secure a 627sqm (approx.) landholding with exceptional visibility, versatile dual living, and strong long-term potential (STCA/DD08 RGZ2).
The property features a dual-level layout:
- Downstairs: 1 bedroom, 1 bathroom, living area, and a small kitchen with separate access, ideal for rental income, teen retreat, home office, or consulting space.
- Upstairs: Main residence with 3 spacious bedrooms, 2 bathrooms, a separate study, and generous living and kitchen areas, complemented by a massive open patio and expansive garden with a shed perfect for entertaining or relaxing.
Investment, development & business appeal:
- Investors can rent both levels separately to maximize income.
- Developers have the potential to subdivide or build up to 5 triple-storey townhouses (STCA).
- With high street exposure, the property is also ideal for professional use, including a Medicare clinic, dental practice, consulting rooms, offices for accountants, brokers, or other businesses.
Location and lifestyle:
Superbly positioned for convenience minutes to the freeway, serviced by express city buses, and close to Westfield Doncaster, Macedon Square, and Bulleen Plaza. Enjoy nature walks along the Koonung Creek Trail, sporting pursuits at Ted Ajani and Timber Ridge Reserves, and proximity to Yarra Parklands, Templestowe Village, and Heide Museum of Modern Art.
Move in now and enjoy comfortable living, or plan a modern renovation, dual-income strategy, professional setup, or redevelopment opportunities of this scale, exposure, and versatility in Templestowe Lower are exceptionally rare.
Only One Thing Left To Do...
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