29 Waratah Drive, Templestowe Lower, Vic 3107

$1,100,000-$1,210,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
657 m²
Area

Published on Tuesday, September 29, 2026 ( See property details for 29 Waratah Drive, Templestowe Lower, Vic 3107)

$1,100,000-$1,210,000

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

A charming 1960s brick family home on a spacious corner block with exciting development potential in highly sought-after Templestowe Lower.

🏡 Property Highlights

  • Rare opportunity to acquire a character-filled family home on a substantial 657m² corner allotment.
  • Potential for future development, including multi-dwelling projects or new builds, subject to council approval.
  • Original 1960s architect-designed brick home with high ceilings, wide eaves, and Tasmanian oak flooring.
  • North-facing orientation with abundant natural light and charming features like open fireplaces.
  • Established backyard with natural stone and bluestone landscaping, offering a unique character.
  • Prime location close to local schools, parks, shops, and public transport in Templestowe Lower.

✨ Key Features

  • Open Fireplace
  • Built in Robes
  • Open-Plan Living
  • Outdoor Area
  • Natural Stone Landscaping
  • High Ceilings
  • Wide Eaves
  • Tasmanian Oak Flooring
  • Corner Allotment
  • Potential for Development
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29 Waratah Drive
Templestowe Lower, VIC 3107
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Vertical aerial view — 29 Waratah Drive
29 Waratah Drive — Vertical Aerial  •  Templestowe Lower, VIC 3107  •  Nearmap © 2026

Templestowe Lower is a highly desirable suburb known for its family-friendly atmosphere, excellent schools, and convenient access to parks, shopping, and public transport. Its established community and leafy streets make it an ideal location for families and investors alike. The area offers a blend of character homes and potential development sites, providing opportunities for both comfortable living and future growth. With proximity to major amenities and scenic natural surroundings, Templestowe Lower continues to attract discerning buyers seeking a balanced lifestyle.

Can I renovate or extend the existing home?
Yes, renovations and extensions are possible, subject to council approvals and planning requirements.
What are the development possibilities for the land?
The large corner allotment offers potential for multi-dwelling projects or a new home, subject to council approval and planning regulations.
Is the property suitable for families?
Absolutely, the home’s natural light, adaptable layout, and established backyard make it ideal for family living.
What is the condition of the property?
The property retains its original character with features like Tasmanian oak flooring and high ceilings, and may benefit from updates over time.
Are there any restrictions or covenants on the land?
Buyers should verify with local council regarding any zoning, easements, or covenants that may affect development or use.
Are there any existing planning restrictions or zoning overlays that could impact development plans? Has the property been affected by any flooding or bushfire risks in the past? Are there any easements or covenants registered on the title that could limit future use? What are the council requirements and approval processes for potential development? Are there any upcoming infrastructure projects or planning changes in the area that could affect property value? Is there any history of structural issues or repairs needed for the existing home? What are the ongoing costs associated with maintaining the established landscaping and features? Are there any restrictions on demolishing or significantly altering the existing character home? Is the property compliant with current building codes and safety standards? Are there any nearby construction or development activities planned that could impact living conditions?

29 Waratah Drive, Templestowe Lower, Vic 3107 - More Details

$1,100,000-$1,210,000

Held by its original owner since it was built in the 1960s, 29 Waratah Drive is being offered to the market for the very first time, presenting a rare opportunity to secure a character-filled family home on a substantial corner allotment in a highly convenient Templestowe Lower location.

Positioned on approximately 657m², this property offers an appealing option for families seeking a home to enjoy and personalise, alongside exciting potential for developers, builders and astute buyers looking to explore the possibilities of the land, subject to council approval.

With a prominent corner position and two existing driveway crossovers, the site provides an appealing foundation for investigating a range of future development opportunities, including the potential for a multi-dwelling project or a new home designed around the allotment. Buyers are encouraged to make their own enquiries regarding development feasibility and council requirements.

The existing architect-designed brick home, built in the 1960s, retains a wonderful sense of character and includes:

North-facing orientation, capturing plenty of natural light.
High ceilings and wide eaves, reflecting its original architectural design.
Tassie oak solid timber flooring throughout.
Two open fireplaces, adding warmth and charm.
A dining room that was previously configured as a fourth bedroom and could potentially be converted back, subject to the necessary works.
A backyard featuring extensive natural stone and bluestone landscaping, creating a beautiful atmosphere and a unique sense of character.

For families, the home’s natural light, warm character and adaptable layout provide an inviting foundation for everyday living, with scope to update over time as needs evolve. The established backyard adds to its appeal, while the potential to reinstate a fourth bedroom offers flexibility for a growing household.

Whether you are looking for a family home to make your own or a property with longer-term potential, the combination of a substantial 657m² corner block, two existing crossovers and a tightly held location makes this an exciting proposition.

A Location That Makes Sense

Enjoy the convenience of being close to local schools, bus services, parks, shops and a range of everyday amenities, all within an established and highly desirable Templestowe Lower setting.

A rare opportunity to secure a character-filled home and substantial parcel of land, offered to the market for the very first time, with the flexibility to enjoy today and explore its future potential.

Phone our office to arrange your private inspection on 9846 2111!

All development potential is subject to relevant council approvals, planning requirements and other applicable authorities. Buyers should make their own enquiries regarding the feasibility of any proposed development.

Bill Schlink First National has taken every precaution to ensure the information contained herein is true and accurate, however, accepts no responsibility and disclaims all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
657 m²

Price guide

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