240 Manningham Road, Templestowe Lower VIC 3107

Nestled behind high fencing and enjoying a privileged position on the corner of Riviera Avenue with leafy Timber Ridge Reserve at the end, choose your own profitable adventure as the new owner of this four bedroom, two bathroom home.

Beyond the Spanish-inspired façade, the large family sized dimensions encourage easy relaxation and effortless entertaining. The sun-filled lounge room flows through to the timber kitchen and generous dining room, revealing a vast under-cover alfresco deck ready for alfresco pleasure.

An inviting design that features a main bedroom with walk-in robe and ensuite, it is currently leased for a good rental income. Offering a very lucrative future, choose to move in then renovated or construct a magnificent new residence (STCA). With sought-after DD08 zoning and a block size of 635 sq m approx., developers will see the potential to subdivide and construct two separate family-sized dwellings, a boutique apartment complex or profitable commercial premises (STCA).

Metres from Macedon Square, walk to the Manningham Medical Precinct and live near Bulleen Plaza. Buses are at the door for an easy trip to Westfield Doncaster, the Austin Hospital, train station, Marcellin College, Bulleen Park & Ride, Kew's private schools and the CBD.

- 635 sq m approx. corner block with DD08 zoning
- A lovely family home that is currently leased
- Huge redevelopment potential (STCA)
- Polished floorboards
- Ducted heating and evaporative cooling
- Double carport

Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent. We always recommend undertaking your own due diligence.