230 Manningham Road, Templestowe Lower VIC 3107

Blossoming with potential on an outstanding 636sqm (approx.) corner block with DDO8-1 and RGZ2 zoning, imagine what you can create (STCA) on this position-perfect property that’s central to it all.

Boasting a prominent corner position between Bulleen Plaza and Macedon Square, its appeal as a commercial site (STCA) is as clear as the stunning district views on offer. And with two street frontages, there’s also scope to subdivide the block and build a collection of luxury town residences with no common land (STCA).

Currently occupying the dream allotment is an original brick veneer home, which thanks to its generous offering of four spacious bedrooms, two bathrooms, large lounge, well-appointed kitchen, huge store rooms and a garage with a rear entertainment area, can be leased out to generate a passive income stream while awaiting plans and permits approval.

With bus services, Ted Ajani and Timber Ridge reserves only a short stroll away and numerous schools, Westfield Doncaster, the Park + Ride and the Eastern Freeway just minutes away, be quick to secure this five-star offering.