Permitted Townhouse Opportunity: Courtesy of CBRE Melbourne

Permitted Townhouse Opportunity: Courtesy of CBRE Melbourne


November 2016
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Permitted Townhouse Opportunity: Courtesy of CBRE Melbourne

CBRE – Melbourne have been appointed to list this excellent townhouse opportunity in Templestowe Lower. This unique opportunity boasts 2,956 sqm of residential landholding with a planning permit for 14 multi-level luxury townhouses with an existing dwelling with income potential.


Located close to nearby shopping centres, reputable schools and approximately 15km away from the centre of Melbourne’s CBD, this unique opportunity would be highly desirable for those who have young families and wanting to get into a well-rounded and welcoming community such as Manningham.

Prime elevated rectangular 2,956sqm* residential landholding. Existing residential dwelling offering income potential

Planning permit for 14 multi-level luxury townhouses with significant frontage width of 32.77m* offering great exposure and opportunities for multiple access points




A 2016 REIV top growth performing suburb recording an increase of over 30% in the median house price over the past 18 months (MHP $1,080,000)


Excellent educational facilities in nearby Latrobe university 7km* and Deakin University 9km*, prestigious Ivanhoe Grammar school 6.9km*


A stunning lifestyle location proximate to Templestowe village 500m*; Westfield Doncaster (2.5km*) one of Australia's largest shopping centres (David Jones, Myer, Apple, Village cinemas), and the Pines shopping centre (4km*)


Surrounded by an abundance of parklands and lifestyle attractions including the iconic Yarra River 700m* and walking/cycling trail; Ruffey creek reserve; nearby Kew golf club and the Heide museum of modern art (3.3km*)


Ideally positioned within Melbourne’s highly sought after eastern corridor providing excellent road infrastructure and access to Melbourne’s CBD in only 15km*


For sale via public on-site auction on Thursday 8th December at 12.30pm



For more information, please contact the CBRE Victorian development sites team

Or Click here: https://www.developmentready.com.au/properties/15-17-he... 

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