205-207 High Street, Templestowe Lower

Occupying a substantial 1,608sqm (approx.) corner allotment across two separate lots, 205–207 High Street presents a rare opportunity to secure a significant landholding in one of Templestowe Lower’s most prominent and tightly held locations.

Offering excellent frontage, exposure and a strategic corner position, the site provides outstanding scope for a range of future development outcomes (STCA), supported by the same zoning and development potential as the broader High Street precinct. Whether your vision encompasses luxury townhomes, boutique apartments, aged care, retirement living, mixed-use development or a premium land-banking investment, the possibilities are considerable.

A feasibility scheme has been prepared and is available upon request, providing valuable insight into the site's potential and demonstrating the scale of development that may be achievable (STCA).

The existing residences provide flexibility for purchasers seeking holding income while future plans are considered, further enhancing the site's investment appeal.

Ideally positioned within Manningham’s highly sought-after residential corridor, the property is moments from Templestowe Village, Macedon Square, Westfield Doncaster, local parklands, public transport and some of the area’s most highly regarded schools. Excellent access to the Eastern Freeway provides convenient connectivity to Melbourne’s CBD and surrounding employment precincts.

Key Highlights:

* Substantial 1,608sqm (approx.) corner allotment

* Zoning: GRZ2 & DD08

* Comprising two separate lots at 205–207 High Street

* Prominent position with excellent frontage and exposure

* Exceptional redevelopment opportunity (STCA)

* Potential for townhouse, apartment, aged care, retirement or mixed-use outcomes (STCA)

* Existing residences offering potential holding income

* Highly sought-after Templestowe Lower location

* Close to Templestowe Village, The Pines and Westfield Doncaster

* Excellent access to schools, parklands, public transport and the Eastern Freeway

* Rare opportunity to secure a substantial corner development site

Offering scale, flexibility, exposure and outstanding future potential, 205–207 High Street represents a compelling opportunity to secure two significant lots within one of Manningham’s most tightly held and desirable development precincts.