24 Marcus Rd, Templestowe Lower, VIC, 3107

Renovate, Extend or Rebuild on 715sqm (STCA) – Prime Investment Opportunity

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings

Published on Friday, April 10, 2026 ( See property details for 24 Marcus Rd, Templestowe Lower, VIC, 3107)

$1,380,000 - $1,480,000

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

A well-maintained three-bedroom house on a large 715sqm block in Templestowe Lower, offering immediate living and future development potential in a sought-after location.

🏡 Property Highlights

  • Well-maintained home in a high-demand pocket of Templestowe Lower
  • Generous 715sqm land size offering future redevelopment potential (STCA)
  • Immediate rental or occupancy potential with three bedrooms and central bathroom
  • Close proximity to Westfield Doncaster, quality schools, parks, and transport
  • Strategic landholding with strong long-term investment upside
  • Flexible options to renovate, extend, or redevelop in a tightly held suburb

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Garage
  • Ensuite
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)

Templestowe Lower is a highly sought-after suburb known for its family-friendly environment, excellent schools, and convenient access to major shopping centres like Westfield Doncaster. The area boasts lush parks, well-connected transport links, and a strong community vibe, making it ideal for both families and investors seeking long-term growth. Its tightly held nature ensures property values remain robust, with ample opportunities for future development and renovation.

What is the current condition of the property?
The property is well-maintained, ready for immediate occupancy or rental, with potential for future renovations or extensions.
What are the zoning and development restrictions for this property?
The land offers potential for renovation, extension, or redevelopment (STCA), subject to council approval and zoning regulations.
Are there any existing easements or planning restrictions?
Details regarding easements or planning restrictions should be confirmed with the local council to ensure compliance with development plans.
Is the property suitable for investment or future development?
Yes, the large land size and location provide strong investment potential with options for future development or redevelopment.
Are there any known issues or defects with the property?
The property is described as well-maintained; a thorough inspection is recommended to identify any potential issues.
Are there any hidden costs associated with future redevelopment or extensions? Has the property been affected by flooding or bushfire risks in the past? Are there any upcoming planning or construction projects nearby that could impact the property? What are the strata or body corporate considerations if applicable? Are there any restrictions or covenants on the land that could limit development options? Is there any history of structural issues or repairs needed? What are the zoning regulations and permissible uses for this property? Are there any easements or rights of way that could affect future plans? What are the current council rates and potential additional costs? Is the property compliant with all local building codes and regulations?

24 Marcus Rd, Templestowe Lower, VIC, 3107 - More Details

Renovate, Extend or Rebuild on 715sqm (STCA) – Prime Investment Opportunity

Type
House
Bedrooms
3
Bathrooms
1
Parkings
2

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