EXPRESSIONS OF INTEREST INVITED - RIVER FRONTAGE WITH DEVELOPMENT POTENTIAL
RARE OPPORTUNITY TO PURCHASE YARRA RIVER FRONTED ACREAGE WITH WATER RIGHTS AND GREAT DEVELOPMENT POTENTIAL (STCA). SUBSTANTIAL IMPROVEMENTS INCLUDE THE FULLY MODERNISED MAIN RESIDENCE COMPRISING SIX MAIN ROOMS WITH EXTENSIVE OUTDOOR DECK AREA, 3 BEDROOMS, SITTING/STUDY AREA AND LARGE LOUNGE WITH STONE-FACED OPEN FIRE PLACE. THE HOME IS BRIGHT AND SPACIOUS WITH A LOVELY NORTHERLY ASPECT OVER THE YARRA AND INTERIOR FINISHES INCLUDING POLISHED TIMBER FLOORING, GRANITE BENCH-TOPS AND QUALITY FITTINGS THROUGHOUT. THE EXTENSIVE BASEMENT AREA IS FULLY SELF CONTAINED AND INCLUDES A HUGE LIVING AREA WITH DOUBLE SIDE OFP WITH SOLID FUEL BURNER AND COSY 'CONVERSATION NOOK' AREA AND AN ADDITIONAL TWO BEDROOMS WITH MORE STORAGE AREA. THE LAND APPROXIMATELY .5HA (APPROX 5000SQM) HAS YARRA RIVER FRONTAGE AND FURTHER IMPROVEMENTS INCLUDE ESTABLISHED GARDENS WITH MATURE TREES, DOUBLE LOCK UP GARAGE AND TENNIS COURT, WITH PARKLANDS ON BOTH THE EASTERN AND WESTERN BOUNDARIES OF THE PROPERTY. TO FULLY APPRECIATE AND EXPLORE THE FULL POTENTIAL OF THIS UNIQUE PROPERTY WE INVITE YOU TO CALL NOW AND ARRANGE A PRIVATE VIEWING.
The size of Templestowe Lower is approximately 5.9 square kilometres. It has 20 parks covering nearly 11.5% of total area. The population of Templestowe Lower in 2016 was 13429 people. By 2021 the population was 14098 showing a population growth of 5.0% in the area during that time. The predominant age group in Templestowe Lower is 40-49 years. Households in Templestowe Lower are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Templestowe Lower work in a professional occupation.In 2021, 80.00% of the homes in Templestowe Lower were owner-occupied compared with 80.00% in 2016.
Templestowe Lower has 6,563 properties. Over the last 5 years, Houses in Templestowe Lower have seen a 21.41% increase in median value, while Units have seen a 18.59% increase. As at 31 December 2025:
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