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205-213 High Street, Templestowe Lower, Vic 3107 For Sale
205-213 High Street, Templestowe Lower, Vic 3107 205-213 High Street, Templestowe Lower, Vic 3107-Image 205-213 High Street, Templestowe Lower, Vic 3107-Image 205-213 High Street, Templestowe Lower, Vic 3107-Image 205-213 High Street, Templestowe Lower, Vic 3107-Image 205-213 High Street, Templestowe Lower, Vic 3107-Image

205-213 High Street, Templestowe Lower, Vic 3107

$2,600,000 - $2,860,000

Residential Land
Type
1,608 m²
Area

Last updated on Wednesday, September 09, 2026 ( See property details for 205-213 High Street, Templestowe Lower, Vic 3107)

$2,600,000 - $2,860,000

Auction Saturday 3 October at 2:00 pm | View All

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

A rare and substantial development site of over 4,000sqm in the highly sought-after Templestowe Lower, offering exceptional future potential and flexible development options (STCA).

🏡 Property Highlights

  • Expansive 4,018sqm landholding with significant High Street frontage
  • Outstanding exposure in a prestigious Templestowe Lower location
  • Multiple existing residences providing holding income potential
  • Exceptional redevelopment prospects (STCA) for various development outcomes
  • Close proximity to Templestowe Village, Westfield Doncaster, and The Pines
  • Excellent connectivity to Melbourne CBD via Eastern Freeway

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Home Office / Study
  • Built-in Robes
  • Outdoor Area
  • Garage
  • Air Conditioning
  • Swimming Pool
  • Security Screens / Gates
  • Fly Screens

Templestowe Lower is a highly desirable suburb renowned for its leafy streets, quality homes, and excellent amenities. It offers convenient access to shopping centres, reputable schools, parklands, and public transport, making it ideal for both families and investors. The area is experiencing strong growth, with large-scale development opportunities in high demand. Its proximity to Melbourne’s CBD via the Eastern Freeway ensures excellent connectivity, while its vibrant community and scenic surroundings provide an enviable lifestyle. This location combines suburban tranquility with urban convenience, making it a prime choice for future-focused development.

What are the potential development outcomes for this site?
The site offers potential for townhouse, apartment, aged care, retirement living, or mixed-use developments, subject to council approval (STCA).
Is there a feasibility scheme available for this property?
Yes, a detailed feasibility scheme has been prepared and is available upon request, outlining potential development options including an 80-place childcare centre, medical centre, and residential apartments.
What existing income streams are available on the property?
The existing dwellings on the site provide holding income, making it suitable for investors while planning future development.
How accessible is the location in terms of transport and amenities?
The property is conveniently located near Templestowe Village, Westfield Doncaster, The Pines, and offers easy access to public transport and the Eastern Freeway for seamless connectivity to Melbourne CBD.
What are the zoning and planning considerations for this site?
Development is subject to council approval (STCA), and prospective buyers should review local zoning regulations and planning overlays to confirm permissible uses.
Are there any existing easements, covenants, or zoning restrictions that could impact development plans? Has a detailed site survey and soil test been conducted to identify potential construction challenges? Are there any known environmental issues or contamination on the site? What are the council’s current planning policies and future development plans for this area? Are there any upcoming infrastructure projects or planning applications nearby that could affect the site’s value or development potential? What are the costs associated with obtaining development approvals and permits? Is there any history of flooding or bushfire risk in this area that could influence development or insurance costs? Are there any strata or body corporate considerations if existing structures are retained? What are the potential costs for site preparation, including demolition or remediation? Are there any restrictions on building height, density, or design that could limit development options?

205-213 High Street, Templestowe Lower, Vic 3107 - More Details

$2,600,000 - $2,860,000

Occupying a substantial 1,608sqm (approx.) corner allotment across two separate lots, 205–207 High Street presents a rare opportunity to secure a significant landholding in one of Templestowe Lower’s most prominent and tightly held locations.

Offering excellent frontage, exposure and a strategic corner position, the site provides outstanding scope for a range of future development outcomes (STCA), supported by the same zoning and development potential as the broader High Street precinct. Whether your vision encompasses luxury townhomes, boutique apartments, aged care, retirement living, mixed-use development or a premium land-banking investment, the possibilities are considerable.

A feasibility scheme has been prepared and is available upon request, providing valuable insight into the site's potential and demonstrating the scale of development that may be achievable (STCA).

The existing residences provide flexibility for purchasers seeking holding income while future plans are considered, further enhancing the site's investment appeal.

Ideally positioned within Manningham’s highly sought-after residential corridor, the property is moments from Templestowe Village, Macedon Square, Westfield Doncaster, local parklands, public transport and some of the area’s most highly regarded schools. Excellent access to the Eastern Freeway provides convenient connectivity to Melbourne’s CBD and surrounding employment precincts.

Key Highlights:

* Substantial 1,608sqm (approx.) corner allotment
* Zoning: GRZ2 & DD08
* Comprising two separate lots at 205–207 High Street
* Prominent position with excellent frontage and exposure
* Exceptional redevelopment opportunity (STCA)
* Potential for townhouse, apartment, aged care, retirement or mixed-use outcomes (STCA)
* Existing residences offering potential holding income
* Highly sought-after Templestowe Lower location
* Close to Templestowe Village, The Pines and Westfield Doncaster
* Excellent access to schools, parklands, public transport and the Eastern Freeway
* Rare opportunity to secure a substantial corner development site

Offering scale, flexibility, exposure and outstanding future potential, 205–207 High Street represents a compelling opportunity to secure two significant lots within one of Manningham’s most tightly held and desirable development precincts.
Type
Residential Land
Area
1,608 m²

Price guide

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  • 205-207 High Street, Templestowe Lower, Vic 3107

    Saturday 3 October
    2:00 pm
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