SOLD BY WOODARDS MANNINGHAM
Set on a prime flat corner block of approx. 897sqm, this exceptional property presents a rare and highly sought-after development opportunity in the heart of Templestowe. With wide dual street frontages and flexible zoning, this site offers outstanding potential for redevelopment, subdivision, or multi-unit development (STCA).
This is a golden opportunity for developers, builders, or land-bankers to secure a prominent site in a tightly held pocket – where large corner blocks are increasingly hard to find. The generous proportions, level land, and high-exposure positioning make it ideal for a variety of residential or mixed-use outcomes.
Currently occupying the block is a long-standing milkbar and a solid, well-maintained three-bedroom, two-bathroom residence. Whether you choose to retain the existing structure, generate rental income during the planning phase, or redevelop entirely, the options here are wide open.
Located moments from Templestowe Village, quality schools, transport, and parklands, this is a location that promises strong demand and excellent growth prospects.
Key Highlights:
• Flat corner block of approx. 897sqm with wide frontage
• Huge potential for subdivision or multi-dwelling development (STCA)
• Existing commercial & residential setup for dual-income potential
• Prime position close to amenities, schools & transport
• Rare chance to secure a high-exposure site in a blue-chip locale
Opportunities like this are extremely rare – act quickly to secure one of Templestowe’s last great corner development blocks.
