1-2 Read Street, Templestowe, Vic 3106

$2,200,000 - $2,400,000

House
Type
5
Bedrooms
3
Bathrooms
4
Parkings
4,059 m²
Area

Published on Monday, July 27, 2026 ( See property details for 1-2 Read Street, Templestowe, Vic 3106)

$2,200,000 - $2,400,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A grand family residence set on a private one-acre estate offering breathtaking views, elegant living spaces, and extensive outdoor entertaining areas in Templestowe.

🏡 Property Highlights

  • Expansive one-acre estate with rolling parkland-style grounds
  • Stunning elevated views and private, tranquil setting
  • Elegant formal living and dining areas with indoor-outdoor flow
  • Spacious timber kitchen with quality appliances and breakfast bar
  • Large master suite with panoramic treetop vistas and ensuite
  • Abundant outdoor entertaining areas including a substantial terrace

✨ Key Features

  • Built in robes
  • Open-Plan Living
  • Outdoor Area
  • Balcony
  • Water tank
  • Solar Panels
  • Garage / Secure Parking
  • Outdoor Area / Balcony
  • Fireplace
  • Workshop
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1-2 Read Street
Templestowe, VIC 3106
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Vertical aerial view — 1-2 Read Street
1-2 Read Street — Vertical Aerial  •  Templestowe, VIC 3106  •  Nearmap © 2026

Templestowe offers a serene suburban lifestyle with lush parklands, excellent schools, and convenient access to shopping and recreational facilities. The area is renowned for its family-friendly environment, scenic walking trails, and a strong sense of community. Its proximity to major transport links ensures easy commuting to Melbourne CBD, making it an ideal location for families seeking both tranquility and connectivity. The neighbourhood combines natural beauty with modern amenities, providing a perfect backdrop for a comfortable and active lifestyle.

What are the main living areas and how do they connect to the outdoor spaces?
The property features elegant formal living and dining rooms with floor-to-ceiling windows and a wraparound balcony, as well as a spacious family room that opens directly to the outdoor entertaining terrace, creating seamless indoor-outdoor living and entertaining options.
Is the property suitable for multigenerational living or hosting guests?
Yes, the ground floor includes a substantial study that can serve as a fifth bedroom, along with a guest powder room and full laundry, providing flexible accommodation options for multigenerational living or visitors.
What outdoor features are available for family activities and entertaining?
The sprawling private grounds include a large undercover entertaining terrace, expansive lawns suitable for sports and play, beautifully maintained gardens, fruit trees, a vegetable garden, and a mature olive grove, ideal for family gatherings and outdoor activities.
What energy-efficient features does the home include?
The residence is equipped with solar panels, contributing to energy efficiency and reduced utility costs.
What storage options are available within the property?
Additional storage is provided by extensive under-house storage, including a powered workshop, ensuring ample space for tools, equipment, and other belongings.
Are there any existing planning or zoning restrictions on the property, especially regarding future development (STCA)? Has the property been inspected for any structural issues or defects, particularly in the foundation or roof? Are there any easements, covenants, or restrictions affecting the use of the land or future modifications? What are the ongoing costs associated with maintaining the extensive gardens and grounds? Is there any history of flooding or bushfire risk in this area that could impact the property? Are there any upcoming developments or construction projects nearby that could affect privacy or views? What are the strata or body corporate considerations, if any, for this property? Are there any hidden costs related to the solar panels or other installed systems? Is the property compliant with all local building codes and regulations? What is the history of the property's energy efficiency and any recent upgrades or repairs?

1-2 Read Street, Templestowe, Vic 3106 - More Details

$2,200,000 - $2,400,000

Occupying an expansive one-acre estate amidst rolling parkland-style grounds, this grand family retreat presents an exceptionally private lifestyle opportunity in a residence of enduring quality. Framed by sweeping manicured lawns, lush established gardens and a circular driveway, the impeccably maintained home offers an impressive blend of elegant formal entertaining and relaxed family living, complemented by breathtaking elevated views and outstanding future potential on a prized corner allotment (STCA).

Guests are welcomed into a magnificent formal living room, showcasing a soaring vaulted ceiling, a cosy Jetmaster fireplace, and floor-to-ceiling windows framing tranquil garden vistas. Adjacent, a generous formal dining room extends to a wraparound undercover balcony, creating an effortless indoor-outdoor setting for graceful entertaining and relaxed family gatherings.

Designed to harmoniously accommodate growing families, a spacious separate family room features a wall-mounted gas log fireplace, an inviting reading nook and a well-appointed wet bar, flowing to a light-filled casual meals area. Sliding doors open directly to the surrounding balcony, seamlessly integrating the indoor and outdoor spaces.
Beyond the home, the sprawling private grounds offer a remarkable family sanctuary. A substantial undercover entertaining terrace overlooks expansive rolling lawns with abundant space for backyard cricket, football and children's play, while beautifully maintained gardens showcase colourful roses, soaring palms, manicured hedges, productive fruit trees, an extensive vegetable garden and a mature olive grove.

At the heart of the residence, the generous timber kitchen offers abundant hardwood cabinetry, a breakfast bar for casual meals, and quality appliances including an updated stainless steel electric oven and grill, and a 900mm gas cooktop.

Also positioned on the ground floor, a substantial study provides excellent flexibility as a fifth bedroom for guests or multigenerational living, complemented by a convenient guest powder room and a full laundry with direct outdoor access.

Ascending to the upper level, magnificent panoramic outlooks create an exceptional sense of space and tranquillity throughout. The oversized master suite enjoys breathtaking elevated treetop vistas and features dual mirrored walk-though wardrobes leading to a spacious private ensuite with twin vanities and a deep soaking bathtub perfectly positioned to take in the spectacular outlook. Three additional light-filled bedrooms each include built-in wardrobes, with one further enhanced by a charming window seat, and are complemented by an airy family bathroom with a separate bathtub and a convenient separate toilet.

Additional appointments include ducted heating, solar panels, extensive under-house storage incorporating a powered workshop, and a remote triple lock-up garage with internal entry. A circular driveway and generous additional paved areas provide abundant accommodation for multiple vehicles, guest parking, or the storage of a boat, caravan or trailer.
Positioned just 50m from buses to The Pines (10 minutes) and the city (40 minutes), and within easy walking distance of Templestowe Park Primary School, buses, Templestowe Reserve, Down the Rabbit Hole Café and picturesque Westerfolds Park bushland, the home is also mere moments from Templestowe Village shops and restaurants, and The Pines Shopping Centre. Ruffey Lake Park and Westfield Doncaster are both a short drive away, with nearby buses connecting to an array of Melbourne’s finest independent schools.

Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.
Type
House
Bedrooms
5
Bathrooms
3
Parkings
4
Area
4,059 m²

Price guide

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