Invest in Luxury: Build Bespoke Homes in Templestowe's Elite Area!

For Sale

5 Willowbank Ct, Templestowe, VIC, 3106

Invest in Luxury: Build Bespoke Homes in Templestowe's Elite Area!

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Bedrooms

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Parkings

Published on Wednesday, March 25, 2026 ( See property details for 5 Willowbank Ct, Templestowe, VIC, 3106)

$3.1m - $3.4m

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AI Property Insight

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

A rare opportunity to acquire a prestigious family estate with development potential in Templestowe's coveted Golden Mile, featuring a stunning architect-designed home and approved plans for multiple new residences.

🏡 Property Highlights

Generous 5,365 sqm allotment with development potential
Approved plans and permits for a multi-dwelling estate
Stunning 4-bedroom architectural residence with iconic Daniel Robertson bricks
Prime location in Templestowe's prestigious 'Golden Mile' with excellent amenities
Close to top schools, Templestowe Village, and Westfield Doncaster
Existing residence offers refined family living with lush garden views

✨ Key Features

Open-Plan Living
Built-in Robes
Outdoor Area
Garage
Home Office / Study
Security Screens / Gates
Ceiling Fans
Waterfront / Views
Extra Storage (Shed/Linen)
Pet-Friendly

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5 Willowbank Ct

Templestowe, VIC 3106

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Suburb and Property Insights of Templestowe, VIC 3106

Templestowe is a highly sought-after suburb renowned for its leafy streets, prestigious homes, and excellent amenities. It offers top-tier schools, vibrant shopping precincts, and easy access to parklands and recreational facilities. The area combines a tranquil family-friendly environment with convenient connectivity to Melbourne’s CBD. Its strong community vibe and scenic surroundings make it an ideal location for both family living and future development opportunities.

Frequently Asked Questions

What are the future development possibilities for this property?

The property has approved plans and permits for a multi-dwelling estate, including four new luxury homes, offering significant development potential.

Is the existing residence suitable for family living?

Yes, the current 4-bedroom architectural home features soaring ceilings, lush garden views, and a spacious layout ideal for family living.

What amenities are nearby?

The property is close to Templestowe Village, Westfield Doncaster, top schools including Serpell Primary and East Doncaster Secondary, and private school bus routes.

Are there any restrictions or zoning considerations?

The land is within a General Residential Zone 3, with approved development plans, but potential buyers should verify local zoning regulations and planning controls.

What is the land size and layout?

The total land area is approximately 5,365 sqm, with the existing residence on about 1,345 sqm and site sizes for new builds ranging from 500 to 755 sqm.

What to ask about this property to agent?

Are there any hidden costs associated with the approved development plans or permits? Have all necessary planning and building approvals been obtained and are they compliant with current regulations? Are there any known defects or issues with the existing residence or land? Is the property located in a flood or bushfire-prone area, and what are the associated risks? Are there any easements, covenants, or zoning restrictions that could impact future development? What are the strata or body corporate considerations if applicable? Is there any ongoing or upcoming construction or planning activity nearby that could affect the property? Are there any noise, neighbour, or local environment concerns that should be considered?

5 Willowbank Ct, Templestowe, VIC, 3106 - More Details

Invest in Luxury: Build Bespoke Homes in Templestowe's Elite Area!

Seize a rare and highly profitable opportunity on Templestowe’s prestigious "Golden Mile." Located at the end of a tranquil, tree-lined cul-de-sac, this generous 5,365 sqm* (approx.) allotment within a General Residential Zone 3 offers refined family living today and outstanding development potential for tomorrow. This exceptional property is offered with approved Plans and Permits for a multi-dwelling estate, cleverly designed to maintain the character of the existing architectural home while maximizing the land's value. The Visionary Proposal Includes: * Existing Residence: Retain and modify the stunning 4-bedroom architectural masterpiece, a testament to craftsmanship featuring iconic Daniel Robertson bricks, soaring ceilings, and lush garden views from every angle. It sits on a generous 1,345sqm (approx.) portion of the estate. * Residence 1: A chic conversion of the current garage into a 125sqm, 1-bedroom plus study retreat. * Residences 2–5: Four bespoke luxury homes, each featuring 4 bedrooms, 3 bathrooms, multiple living zones (Lounge & Rumpus), and double garages. Site sizes for these new builds range from a generous 500sqm to an impressive 755sqm. Unbeatable Location Situated within the highly coveted Serpell Primary and East Doncaster Secondary school catchments, you are moments from Templestowe Village, Westfield Doncaster, and elite private school bus routes. Whether you choose to enjoy this grand estate in its current form or execute the high-yield development, this is a landmark acquisition in one of Melbourne's most prestigious pockets.

Type: House
Bedrooms: 4
Bathrooms: 2
Parkings: 3

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5 Willowbank Ct, Templestowe, VIC, 3106

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