34 Parker Street, Templestowe Lower VIC 3107

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Boasting a first-class location central to the area's popular lifestyle assets, this potential-rich property yearns for an astute developer or builder to take advantage of its fantastic offering.

That offering presents itself in the form of bluechip development, given the current owner has undergone the time-consuming process of acquiring approved plans and permits for the construction of three architecturally designed executive residences on the generous 794 sqm (approx.) allotment.

Once the keys to this exciting property are in your hand, you can then decide to develop immediately or hold off and do so in the future.

The property currently accommodates an extremely well-presented residence, which could be leased out until you're ready to develop or lived in yourself given its contemporary nature and intelligently zoned layout.

All three bedrooms benefit from their private placement on a dedicated accommodation wing, while vast open space defines the contemporary lounge and separate open-plan kitchen and meals area.

Capping off this perfect find is its sought-after location, which enjoys vast views plus excellent access to Templestowe Village, Bulleen Plaza, Macedon Square shops, Westfield Shoppingtown, Westerfolds and Ruffey Lake Park, Aquarena Leisure Centre, well-regarded schools and the Eastern Freeway.