1 Princeton Pl, Templestowe is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 800m2. While the property is not currently for sale or for rent, it was last sold in April 2024.
Welcome to 1 Princeton Place, Templestowe - a rare opportunity to secure a superb 800sqm (approx.) corner block complete with approved plans and permits for two architecturally designed, freestanding townhouses. Perfectly positioned in one of Templestowes most peaceful and tightly held pockets, this property delivers the best of both worlds: a beautifully maintained family home today and a ready-to-go development project for tomorrow.Step inside to discover a thoughtfully designed four-bedroom residence that radiates warmth, comfort, and flexibility. The master bedroom features a walk-in robe and private ensuite, while two additional bedrooms are serviced by an updated central bathroom, ensuring modern comfort for the whole family. A dedicated study provides the perfect work-from-home space or quiet reading nook.The formal living and dining zones create elegant settings for entertaining, while the light-filled kitchen and meals area - complete with a delightful northerly aspect, forms the heart of everyday living. Downstairs, a spacious rumpus room offers added versatility, ideal as a family retreat, games area, or media space.Outdoors, the expansive corner allotment enhances the homes sense of space and privacy, while also unlocking significant future potential. With approved plans and permits already in place for two premium, freestanding townhouses, developers and investors can take advantage of this spectacular opportunity to bring this vision to life without the delay of planning approval. 800sqm (approx.) corner block with dual street frontage Approved plans & permits for two architecturally designed, unattached townhouses Existing four-bedroom residence with ensuite master and updated bathrooms Dedicated study, formal living and dining zones, plus versatile rumpus room Light-filled kitchen and meals area with a beautiful northerly outlook Prime Templestowe location close to The Pines Shopping Centre, Templestowe Village, schools, parks & transport A ready-made opportunity for home buyers, investors, or developers alikeDISCLAIMER: All stated dimensions are approximate only. Every care has been taken to verify the accuracy of details in this material, however, no warranty can be given and interested parties should make their own enquiries. Particulars are for general information only and do not constitute any representation on the part of the vendor or agent. Images are for illustrative purposes only.
The size of Templestowe is approximately 16.2 square kilometres. It has 41 parks covering nearly 33.0% of total area. The population of Templestowe in 2016 was 16618 people. By 2021 the population was 16966 showing a population growth of 2.1% in the area during that time. The predominant age group in Templestowe is 50-59 years. Households in Templestowe are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Templestowe work in a professional occupation.In 2021, 82.30% of the homes in Templestowe were owner-occupied compared with 83.00% in 2016.
Templestowe has 7,406 properties. Over the last 5 years, Houses in Templestowe have seen a 19.74% increase in median value, while Units have seen a 23.21% increase. As at 31 December 2025:
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