Overflowing with exciting opportunities while offering a consistent income, this immense 1,520m2 corner site is the key to a successful future. Set in an ever-growing and popular family locale, the site delivers myriad possibilities, positioned minutes from Macedon Plaza's delicious delights and daily conveniences, Westfield Doncaster's endless shopping, and local schools, while surrounded by sporting clubs and parklands, city-bound buses, and the Eastern freeway for a speedy CBD commute.
Currently providing a dependable income with a self-service carwash and dog-wash, the mostly flat site offers thrilling future potential. Situated in Manningham's General Residential Zone 1 and free from planning overlay restrictions, the site is primed for lavish new home dreams or a prosperous multi-unit development, with further commercial options to bolster the residential surrounds with a strip of shops including medical practices, restaurants, and take away shops (all options subject to council approval).
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 6,558 properties. Over the last 5 years, Houses in Templestowe Lower have seen a 2.03% increase in median value, while Units have seen a 15.13% increase. As at 30 April 2026:
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