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Situated on 864sqm approximately of in high demand Templestowe land within DD08 zoning, this residence offers a perfect development opportunity in the leafy suburb of Templestowe. This key site boasts approved plans and permits for five substantial double storey terraces which will feature each with four bedrooms and two bathrooms, plus ensuite and double garage overlooking wonderful views of the Dandenong Ranges.
The existing north facing home is set on the high side of the street and flooded with natural light. It comprises an open plan spacious living area leading to a large covered alfresco space and five well sized bedrooms with the master bedroom and ensuite occupying the entire top floor.
This development site offers the savvy investor a rare viable opportunity to immediately commence development of a clear residential project within a popular market.
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