40 Atkinson St, Templestowe is a 5 bedroom, 4 bathroom House with 10 parking spaces and was built in 1970. The property has a land size of 1200m2 and floor size of 300m2.
Set on a substantial 1200sqm (approx.) allotment with a wide 25m frontage, this is a rare opportunity in one of Templestowes most tightly held pockets just moments from the caf and dining scene of Templestowe Village and the parklands of Westerfolds.
Originally built in the 1960s and thoughtfully updated over time, the home offers a flexible family layout with multiple living zones, generous accommodation and an abundance of natural light throughout.
The self-contained upper level features an expansive 8m x 6m living space with private balcony, kitchenette, bathroom and split system heating/cooling, along with a separate 5th bedroom (also with split system). Ideal for extended family, guest accommodation or those seeking potential passive income.
Downstairs, the home is perfectly suited to large or growing families with multiple light-filled living areas, and a well-appointed kitchen featuring granite benchtops, a 1200mm freestanding oven, inbuilt microwave and dishwasher.
With a large double remote garage, multiple carports and extensive off-street parking for up to 10 vehicles, plus an existing compliant pool (currently unfilled), the property offers both immediate comfort and future potential.
Whether youre looking to move straight in, renovate further or explore redevelopment potential (STCA), this is a blue-chip landholding with flexibility rarely found.
Property Features:
1200sqm (approx.) allotment with wide 25m frontage
5 bedrooms + study, including multiple bedrooms with ensuites
4 bathrooms in total
Self-contained upper level with balcony, kitchenette & bathroom
Expansive 8m x 6m upper living zone with split system
Separate 5th bedroom upstairs with split system
Multiple formal and casual living areas filled with natural light
Granite kitchen with 1200mm freestanding oven, inbuilt microwave & dishwasher
Central gas heating + reverse cycle air conditioning
Large double remote garage plus multiple carports
Extensive off-street parking for up to 10 vehicles
Existing compliant pool (currently unfilled)
Location Highlights:
Walk to Templestowe Village cafs, restaurants and shops
Close to Westerfolds Park, Yarra River trails and parklands
Easy access to public transport and major arterials
A rare combination of land size, flexible living and long-term potential in one of Templestowes most desirable pockets.
Bill Schlink First National has taken every precaution to ensure the information contained herein is true and accurate, however, accepts no responsibility and disclaims all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
The size of Templestowe is approximately 16.2 square kilometres. There are 41 parks, covering nearly 33.0% of the 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 7,382 properties. Over the last 5 years, Houses in Templestowe have seen a -8.88% decrease in median value, while Units have seen a 12.52% increase. As at 30 June 2026:
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