295-299 High Street Templestowe Lower VIC 3107

COLLIERS IS PLEASED TO PRESENT 295299 HIGH STREET, TEMPLESTOWE LOWER
FOR SALE BY EXPRESSIONS OF INTEREST (EOI) CLOSING THURSDAY 12 AUGUST 3PM.

Within a proven and family friendly residential market, 295299 High Street has the benefit of planning approval for a medium density townhouse development consisting of eight townhouses.

The vacant land holding commands a site area of 2,137m²* and street frontage of 52m*; and is close to
public transport, shopping centres, sports and recreation facilities, health care services, local parks and an abundance of local cafes and eateries.

Key highlights include:

Significant site area of 2,137m²*
Permit approved for a boutique development comprising 8 townhouses
Suitable typology of predominantly 3-bedroom townhouses
Quintessential suburban location and position within the heart of Templestowe Lower; a unique and highly sought-after residential area
Zoning & location provides flexibility for alternative developments such as Childcare (STCA)
Proven premium location
Immediate access to public transport
Close proximity to Bulleen Plaza, Macedon Square & Plaza and Doncaster Shopping Centre
Median house price of $1,270,000 (REIV)
Exceptional local amenity including education, health & recreation facilities, as well as ample parklands

*approximately