SoldAug 29, 2026

121 Parker Street, Templestowe, VIC, 3106

$1,011,000

3
1
2
0 m²

House

22 days on the market

Sold: Aug 29, 2026

What's around 121 Parker Street

Position, Potential and GRZ2 Zoning on 843sqm

Commanding an impressive 843sqm (approx.) corner allotment in a leafy and well-connected Templestowe setting, this substantial property presents an outstanding opportunity for families, builders and developers alike. Zoned General Residential Zone - Schedule 2 (GRZ2), the property offers excellent flexibility for the future. The existing residence provides scope to renovate and modernise, while the generous landholding and prized corner position offer exciting potential for redevelopment or the construction of a luxurious new family home (STCA). Positioned just moments from the natural beauty of Westerfolds Park, the property is within easy walking distance of Ruffey Creek Trail, Wombat Bend Playground, Templestowe Village shops, cafés and restaurants, Templestowe Hotel and convenient bus services, including direct routes to the CBD. Families are exceptionally well catered for, with zoning for Templestowe College and Templestowe Park Primary School, while St Kevin’s Primary School, local kindergarten, swim school, community facilities and the upgraded Templestowe Bowling Club are also nearby. Local netball and basketball courts and training facilities further enhance the area's appeal for active families. Westfield Doncaster and The Pines Shopping Centre are both less than ten minutes’ drive away, while easy access to EastLink places the CBD, surrounding suburbs and the Mornington Peninsula within convenient reach. With its substantial 843sqm (approx.) corner position, GRZ2 zoning and outstanding proximity to parks, schools, transport and Templestowe Village, this is a compelling opportunity to renovate, rebuild or explore future development potential (STCA).

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