Welcome to 1 Princeton Place, Templestowe - a rare opportunity to secure a superb 800sqm (approx.) corner block complete with approved plans and permits for two architecturally designed, freestanding townhouses. Perfectly positioned in one of Templestowe’s most peaceful and tightly held pockets, this property delivers the best of both worlds: a beautifully maintained family home today and a ready-to-go development project for tomorrow.
Step inside to discover a thoughtfully designed four-bedroom residence that radiates warmth, comfort, and flexibility. The master bedroom features a walk-in robe and private ensuite, while two additional bedrooms are serviced by an updated central bathroom, ensuring modern comfort for the whole family. A dedicated study provides the perfect work-from-home space or quiet reading nook.
The formal living and dining zones create elegant settings for entertaining, while the light-filled kitchen and meals area - complete with a delightful northerly aspect, forms the heart of everyday living. Downstairs, a spacious rumpus room offers added versatility, ideal as a family retreat, games area, or media space.
Outdoors, the expansive corner allotment enhances the home’s sense of space and privacy, while also unlocking significant future potential. With approved plans and permits already in place for two premium, freestanding townhouses, developers and investors can take advantage of this spectacular opportunity to bring this vision to life without the delay of planning approval.
• 800sqm (approx.) corner block with dual street frontage
• Approved plans & permits for two architecturally designed, unattached townhouses
• Existing four-bedroom residence with ensuite master and updated bathrooms
• Dedicated study, formal living and dining zones, plus versatile rumpus room
• Light-filled kitchen and meals area with a beautiful northerly outlook
• Prime Templestowe location close to The Pines Shopping Centre, Templestowe Village, schools, parks & transport
• A ready-made opportunity for home buyers, investors, or developers alike
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