358 High Street, Templestowe Lower, VIC, 3107, Australia

Redevelop or invest in this sensational opportunity!

Guaranteeing boundless potential for investors with 3 properties, on two titles (Lots 1 and 2), which is up for grabs on the immense 1,105 sqm (approx.) of land (GRZ1), this amazing Templestowe Lower package is a rare and unique opportunity that is seldom offered..

The obvious appeal with this stunning block of land is to transform it all into a multi-unit development, whether that be townhouses or units themselves (STCA). What is also so enticing about this block is the investment returns you get, with the land consisting of a 3 bedroom residence at the front, 2 bedroom property at the rear, and a studio. You can reap fantastic rental income from these properties as you await plans and permits to be approved.

The front 3 bedroom residence has been thoughtfully maintained by the occupants, with this home offering spacious living and dining, functional kitchen, inviting bedrooms, and superb outdoor space. The rear 2 bedroom abode also offers well-sized lounge and meals, private kitchen, adjoining second living, and generous bedrooms. The studio of 1 bedroom, bathroom and kitchen/meals area just adds another income stream to this alluring opportunity!

Zoned for Templestowe Heights Primary School and Templestowe College, you’re located very close to Templestowe Village, Macedon Square Shopping Centre, Finns Reserve, Ruffey Lake Park, Westerfolds Park, St Kevin’s Primary School, Aquarena Aquatic and Leisure Centre, and local buses.

We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Onsite & Online Auction with Anywhere Auctions
If you cannot attend the property to bid we offer the option of remote online bidding with Anywhere Auctions.
To Register to Bid: Please visit the Anywhere Auctions website https://anywhereauctions.com.au or download the app and click on the “Register to Bid” button against this property. Registration only takes few minutes and you will be able to bid online from the safety of your own home. *Note: You must register to bid 24 hours prior to the start of the auction.