Opportunities like this are becoming increasingly rare. Set on approximately 651m² with a wide 20.4m approx. frontage, distant views of the Doncaster city skyline and a coveted Residential Growth Zone (Schedule 2) designation, this is a site that savvy developers, builders and astute renovators will not want to miss.
The Residential Growth Zone is designed to encourage increased housing density in well-located areas, opening the door to a range of exciting outcomes - from a stunning new family home to a boutique townhouse or multi-dwelling development - all subject to council approval. With a generous frontage, north-facing aspect and elevated outlook, the site is perfectly placed to maximise light, views and future value.
For those who prefer to start with a solid foundation, the existing 1970s home offers genuine scope to renovate, extend and add value, or simply move in or lease out while you plan your next move. Featuring a wide entry foyer, a split-level north-facing living room with gas heater, a dining area with air conditioning, a kitchen with walk-in pantry and sun-filled meals area, three double bedrooms with robes - the main with walk-in robe and ensuite - plus a family bathroom, separate toilet and laundry, the home is a classic mid-century design ready for its next chapter.
A west-facing terrace overlooks a generous rear garden with skyline views, with off-street parking for two cars.
Location underpins every great investment, and this one delivers. Just metres to Macedon Square Shopping Centre, Timber Reserve, bus services and Bulleen Heights School, zoned for Templestowe Heights Primary School and Templestowe College, with the Eastern Freeway and CBD access close at hand, demand for quality housing here is set to remain strong.
Whether you revive, rebuild or redevelop, the potential here is limited only by your vision. Secure your stake in one of Templestowe Lower's most exciting opportunities.
Disclaimer: All information, including dimensions, measurements and floorplan layouts, is provided for general information purposes only and is approximate. While reasonable care has been taken in preparing this floorplan, VICPROP makes no representation or warranty as to its accuracy or completeness. Interested parties should make their own enquiries and verify all measurements, dimensions and details independently. Furniture and fixtures shown are for illustrative purposes only and may not be included in the sale.
