House for sale

333-337 High Street,

Templestowe Lower, VIC

6 4 6
$3.3m - $3.5m

Possible 10-12 (approx.) townhouse site (STCA) or Childcare/Retirement facility (STCA) on 3111m2 (approx.) with a 53.7m frontage (approx.)

Driving along High Street, you've no doubt marveled at the captivating nature of this stately 3,111sqm (approx.) property, which is instantly recognisable with its massive 53.7m (approx.) wide frontage. Now, one of Manningham's iconic sites is yours to own, and with it the chance of a lifetime to develop on a large and prominent scale (STCA).

With an approved permit in place for the removal of the Cypress trees on the block, the path has been made easier for you to create a new category of high-end living on this five-star development site.

Such enormous land proportions will comfortably fit up to 10-12 luxury townhouses (STCA), with stunning views, while there's scope to build a childcare centre or kindergarten (STCA) to cater for the increased number of young families moving into the area. The large family may also choose to develop a private gated community and keep this prized site within the family for generations.

Boasting a rich history thanks to its former life as part of a sprawling lemon orchard, the homebuyer with a strong sense of sentimentality may also feel inspired to retain and refurbish the existing six-bedroom home with a view of subdivision in the future.

Perfectly proportioned with multiple living areas, granite kitchen with Gaggenau appliances and plenty of off-street parking, you could also lease out the property whilst awaiting plans and permits approval.

Enhancing the appeal of this star of the northeast is its unbeatable lifestyle location, footsteps from bus services to the city and private schools, zoned for Templestowe Heights Primary School and Templestowe College and moments to Macedon Square shops and cafes, Manningham Medical Centre, Templestowe Village, the Park + Ride, Westfield Shoppingtown and the Eastern Freeway.

Whatever your vision, the chance to take this historically significant Manningham address in a new direction is truly a once in a lifetime opportunity.
Last updated: 05:26PM on Oct 7th 2019
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