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121 Parker Street, Templestowe, Vic 3106 For Sale
121 Parker Street, Templestowe, Vic 3106 121 Parker Street, Templestowe, Vic 3106-Image 121 Parker Street, Templestowe, Vic 3106-Image 121 Parker Street, Templestowe, Vic 3106-Image 121 Parker Street, Templestowe, Vic 3106-Image 121 Parker Street, Templestowe, Vic 3106-Image 121 Parker Street, Templestowe, Vic 3106-Image

121 Parker Street, Templestowe, Vic 3106

$1,000,000 - $1,100,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings

Published on Friday, August 07, 2026 ( See property details for 121 Parker Street, Templestowe, Vic 3106)

$1,000,000 - $1,100,000

Open on Thursday 13 August 3:00 pm | View All

Auction Saturday 29 August at 11:00 am | View All

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

A prime development opportunity on a spacious 843sqm block in Templestowe, perfect for builders and future homeowners seeking potential and convenience.

🏑 Property Highlights

  • Generous 843sqm allotment in established Templestowe neighbourhood
  • Outstanding potential for redevelopment or new build (STCA)
  • Convenient access to schools, parks, shopping, and public transport
  • Easy connectivity to the Eastern Freeway
  • Existing residence on a valuable land parcel
  • Ideal opportunity for builders, developers, and future homeowners

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Fully Fenced
  • Water tank
  • Security Screens / Gates
  • Floorboards
  • Pet-Friendly
  • Garage / Secure Parking
  • Internal Laundry
Latest Aerial Imagery Available
121 Parker Street
Templestowe, VIC 3106
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Vertical aerial view β€” 121 Parker Street
121 Parker Street — Vertical Aerial  •  Templestowe, VIC 3106  •  Nearmap © 2026

Templestowe is a highly sought-after suburb known for its leafy streets, excellent schools, and vibrant community. Residents enjoy easy access to parks, shopping precincts, and public transport, making it ideal for families and professionals. The area offers a peaceful yet connected lifestyle with convenient freeway access for commuters. Its established character and potential for redevelopment make Templestowe a prime location for investors and homeowners alike.

What is the zoning and development potential for this property?
The property offers significant potential for redevelopment or building a new home, subject to council approval (STCA).
Are there any existing planning restrictions or covenants on the land?
Details regarding planning restrictions or covenants can be obtained from the local council or your planning advisor.
What are the nearby amenities and transport options?
The property is conveniently located near schools, parks, shopping precincts, public transport, and provides easy access to the Eastern Freeway.
Is the existing residence suitable for occupancy or renovation?
The existing residence can be used as a dwelling or rental property while planning your redevelopment or new build.
Are there any known issues or defects with the property?
A thorough inspection is recommended to identify any potential issues or defects with the existing structure.
Are there any zoning restrictions or planning overlays that could affect redevelopment plans? What are the council requirements and approval processes for building or subdividing on this land? Are there any easements, covenants, or restrictions registered on the title? Has the property been tested for soil stability or contamination? Are there any nearby construction or development projects that could impact the property? What are the flood or bushfire risks associated with this land? Are there any outstanding rates, taxes, or levies payable on the property? Is the property connected to all essential services, including water, sewer, and electricity? Are there any existing planning permits or approvals for the current residence? What are the future development plans for the surrounding area?

121 Parker Street, Templestowe, Vic 3106 - More Details

$1,000,000 - $1,100,000

Set on a generous 843sqm (approx.) allotment, this property presents an exceptional opportunity to secure valuable land in an established Templestowe neighbourhood. An existing residence occupies the site, however the true value lies in the land, offering outstanding potential to build a magnificent new home or explore redevelopment opportunities (STCA). Enjoy the convenience of nearby schools, local parks, shopping precincts, public transport and easy access to the Eastern Freeway, making this a compelling opportunity for builders, developers and future homeowners alike.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Thu 13 Aug 3:00 pm

    Thursday 13 August
    3:00 pm - 3:30 pm
    Add to calandar Remind Me

  • Inspection Sat 15 Aug 12:30 pm

    Saturday 15 August
    12:30 pm - 1:00 pm
    Add to calandar Remind Me

Auctions

  • 121 Parker Street, Templestowe, Vic 3106

    Saturday 29 August
    11:00 am
    Add to calandar Remind Me

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