8 Lauri Ann Street, Templestowe Lower VIC 3107

Theres no doubt that this brick residence presents as an exceptional opportunity, the issue is which option to choose for its future. Being in very liveable condition as is there is the option for an owner occupier to move in and enjoy it while ideas and plans are developed to renovate and possibly extend. An investor might see it as an excellent source of rental income with the potential for future capital growth, while a developer may see the potential in 750sqm (approx.) of prime residential land for a multi-dwelling development or substantial new home (STCA). What is certain is that this property is a rock solid starting point for these or any number of other options.

In its current original condition the property which is fully carpeted comprises 3 good sized bedrooms all with built-in robes and one with reverse cycle air-conditioning, a living/dining room with gas space heater, air-conditioning unit and with a feature ceiling and wall. The kitchen has ample space for a table setting, a wall oven and 5 burner gas cooktop and reverse cycle air-conditioning while the tiled family bathroom has both bath and shower. There is a separate toilet and family size laundry with direct external access to the yard.


Features include a single lock-up garage with adjacent workshop, 2000 litre water tank, external window blinds and a big back yard. Situated in close proximity to the shops and supermarket in Macedon Plaza shopping, zoned for Templestowe Heights Primary School and Templestowe College secondary school, and close to Templestowe Valley Primary School and Bulleen Heights School the property allows easy access to Westfield Doncaster and the Eastern Freeway and is within easy walking distance of stops for the 305 and 903 buses.