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58 Foote Street, Templestowe Lower, Vic 3107 For Sale

58 Foote Street, Templestowe Lower, Vic 3107

EOI: $1,100,000 - $1,200,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
750 m²
Area

Published on Monday, August 24, 2026 ( See property details for 58 Foote Street, Templestowe Lower, Vic 3107)

EOI: $1,100,000 - $1,200,000

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

A rare 750sqm parcel in Templestowe Lower offering versatile development potential with approved plans and prime location appeal.

🏡 Property Highlights

  • Substantial 750sqm allotment in a highly sought-after Templestowe Lower location
  • Current planning permit in place for two side-by-side dwellings, saving development time
  • Outstanding opportunity for home owners to build a dream family residence
  • Flexible development options including exploring multi-dwelling outcomes (STCA)
  • Excellent access to top schools, shopping centres, transport links, and major arterials
  • Prime land parcel with long-term investment and land banking potential

✨ Key Features

  • Land Size: 750 m²
  • Planning Permit
  • Open-Plan Living
  • Outdoor Area
  • Secure Parking
  • Waterfront / Views
  • Built-in Robes
  • Garage
  • Ensuite
  • Open-Plan Living

Templestowe Lower is a highly desirable suburb renowned for its family-friendly environment, excellent schools, and convenient access to shopping, parks, and transport. Its established community and long-term growth prospects make it an ideal location for both living and investment. The area offers a peaceful yet connected lifestyle, with easy access to Melbourne’s CBD via major arterials. Surrounded by quality amenities and natural beauty, Templestowe Lower continues to attract families and developers seeking a premium lifestyle. The suburb’s strong demand and limited land supply ensure long-term value appreciation.

What are the future development possibilities for this property?
The property has an approved planning permit for two side-by-side dwellings, with potential to explore alternative multi-dwelling development options (STCA) to maximise land use.
Is the existing house suitable for renovation or rebuilding?
The current residence is in rundown condition and is being offered as-is, providing a blank canvas for renovation, rebuilding, or redevelopment based on your plans.
What amenities and services are accessible from this location?
The property offers excellent access to schools, shopping centres like Westfield Doncaster, public transport, parks, and major roads including the Eastern Freeway, ensuring a convenient lifestyle.
Are there any restrictions or covenants on the land?
The property has an existing planning permit, but any additional restrictions or covenants should be verified with local council or relevant authorities before proceeding.
What is the zoning classification for this land?
The land is zoned for residential development, with current permits allowing for two dwellings, subject to council approval for any new development plans.
Are there any hidden costs or additional fees associated with the development permit or future construction? Has the land been tested for soil stability or environmental hazards that could impact building plans? Are there any easements, covenants, or zoning restrictions that could limit development options? What are the council’s current planning policies that might affect future development or subdivision? Is there any ongoing or upcoming construction or infrastructure projects nearby that could impact the property’s value or livability? Are there any flood or bushfire risks associated with this land that require mitigation measures? What are the strata or body corporate considerations if planning multi-dwelling development? Has the property been surveyed recently to confirm boundaries and land size? Are there any existing issues with the property's title or ownership that need to be addressed? What are the long-term planning and zoning changes anticipated for this area?

58 Foote Street, Templestowe Lower, Vic 3107 - More Details

EOI: $1,100,000 - $1,200,000

Expressions Of Interest Ends On The 26th Of September @4pm

Property Overview:
• Land Size: 750sqm (approx.)
• Planning Permit: Approved for two side-by-side dwellings
• Outstanding new home or development opportunity

Key Features:
• Substantial 750sqm (approx.) allotment
• Current planning permit in place for two side-by-side dwellings
• Ready-made opportunity for developers and builders
• Exceptional site to build a substantial family dream home
• Opportunity to explore an alternative multi-dwelling development (STCA)
• Highly sought-after Templestowe Lower location
• Excellent access to schools, shopping, transport and major arterials

Suited For:
Home Owners – Secure a substantial 750sqm (approx.) allotment and create your dream family home in one of Templestowe Lower's most established and tightly held pockets.
Developers – Take advantage of the current planning permit for two side-by-side dwellings and move forward with a project where much of the planning groundwork has already been completed.
Builders – An exciting opportunity to secure a permit-approved site in a location with strong owner-occupier appeal and long-term demand.
Investors / Land Bankers – Hold a substantial parcel of land in an established eastern suburb while considering the existing approval or investigating alternative development possibilities, subject to council approval.

The Home:
The value here is firmly in the land, location and opportunity.
Occupying an impressive 750sqm (approx.) allotment, 58 Foote Street presents buyers with several exciting pathways for the future.
For the home owner, clear the way and create the family home you've always envisioned. With generous land proportions and a highly regarded Templestowe Lower address, the site provides an outstanding foundation for a substantial contemporary residence designed around your family's lifestyle.
For the developer or builder, a current planning permit for two side-by-side dwellings provides the opportunity to utilise the existing approval and progress the project, saving valuable time in the planning process.
Alternatively, buyers looking to maximise the site's potential may choose to revisit the current plans and explore another multi-dwelling development outcome, subject to council approval.

The existing residence is in rundown condition and is being offered as-is, allowing buyers to focus on what truly makes this property special — approximately 750sqm of land, an existing planning approval and a location with enormous lifestyle appeal.

Location Highlights:
Location is where 58 Foote Street truly stands apart.
Positioned in the heart of Templestowe Lower, families will appreciate being within approximately 1km of both Templestowe Valley Primary School and Templestowe College, placing quality education within easy reach.
Enjoy convenient access to Westfield Doncaster, local shopping and dining, parklands, public transport and the Eastern Freeway, providing excellent connectivity throughout Melbourne's eastern suburbs and towards the CBD.
With Templestowe, Doncaster, Bulleen and the surrounding Manningham lifestyle all within easy reach, this is a location that continues to appeal to families looking for space, convenience and long-term liveability.

Why This Property?
Opportunities offering this level of flexibility are increasingly difficult to find.
Build the family home you've always wanted. Utilise the existing permit and develop two side-by-side residences. Or explore an entirely new development vision, subject to council approval.
With approximately 750sqm of land in a prized Templestowe Lower position, 58 Foote Street is an opportunity to secure the land today and decide how you want to shape its future.

The Realest Estate – By Families, For Families.
Contact us today for further information regarding the property and approved plans.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
750 m²

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