125 King Street, Templestowe VIC 3106

This is a once in a generation opportunity - a rare double block of 1240sqm (approx) with 34.25m (approx) of street frontage in one of Templestowe's most sought-after locations.

A developer's dream, this incredible site holds potential to build up to 4 luxury townhouses (subject to council approval), and with an enviable position on the border of Doncaster East, each home would boast easy access to popular amenities including East Doncaster Secondary College, The Pines Shopping Centre and bus services.

While the size of the allotment will no doubt grab the attention of savvy developers, the existing dwelling is perfectly liveable - having been immaculately maintained over the past 50 years - and is well-suited to investors seeking a quality home that's bound to generate fantastic returns.

Also features:
*3 generous bedrooms, each with built-in robes
*Lounge area with heater, dining room & study
*Garage with toilet & a huge machinery shed
*Blackburn Rd shops & Tunstall Square both nearby
*Close to Serpells Primary & Milgate Primary Schools
*Access to Ruffey Lake Park & the Eastern Freeway