Expressions of Interest closing Tuesday 14 July at 5pm
Occupying an extraordinary 4,018sqm (approx.) across one of Templestowe Lower's most prominent and tightly held addresses, 205-213 High Street represents a truly rare opportunity to secure a substantial landholding with exceptional future potential.
Comprising multiple properties across a significant consolidated site, this expansive parcel boasts extensive High Street frontage, outstanding exposure and the scale required to deliver a landmark development outcome (STCA). Whether your vision includes luxury townhomes, boutique apartments, aged care, retirement living, mixed-use development or a premium land-banking investment, the possibilities are substantial.
A feasibility scheme has already been prepared and is available upon request, incorporating an 80-place childcare centre, 500sqm medical centre, 42 apartments and associated parking, providing purchasers with valuable insight into the site's development potential (STCA).
The existing dwellings provide flexibility for investors seeking holding income while future plans are explored, further enhancing the appeal of this exceptional acquisition.
Positioned within one of Manningham's most sought-after residential corridors, the site enjoys immediate access to Templestowe Village, Macedon Square, Westfield Doncaster, local parklands, public transport and some of the area's most highly regarded schools. Convenient access to the Eastern Freeway ensures seamless connectivity to Melbourne's CBD and surrounding employment hubs.
Large-scale development opportunities of this calibre are becoming increasingly scarce throughout Melbourne's eastern suburbs. Offering scale, flexibility, exposure and an enviable lifestyle location, this is a compelling opportunity to create a significant project in one of Manningham's most desirable growth precincts.
Key Highlights:
- Expansive landholding of 4,018sqm (approx.)
- Significant High Street frontage with outstanding exposure
- Multiple existing residences providing holding income potential
- Exceptional redevelopment opportunity (STCA)
- Suitable for townhouse, apartment, aged care, retirement or mixed-use outcomes (STCA)
- Prestigious Templestowe location surrounded by quality homes
- Moments from Templestowe Village, The Pines and Westfield Doncaster
- Excellent access to schools, parklands, public transport and the Eastern Freeway
- Rare opportunity to secure a development site of scale in a tightly held blue-chip locale
A landmark site with limitless potential in one of Melbourne's most tightly held eastern suburbs.
