Templestowe Lower 5 Lowan Avenue
Entry Level Opportunity
Suitable for townhouse subdivision or the site for a new luxury home (STCA), this substantial allotment is positioned in a quiet pocket with a rear northerly aspect facing towards the Yarra River parklands. Take advantage of the elevated position with potential views and the many design possibilities it presents.
The 1960s home is in mainly original condition with ample scope to extend and renovate. Enhanced by the addition of an updated kitchen and bathroom, features include a well-sized living room and versatile, lower level rumpus room/store. The home could serve as a handy rental option whilst planning for future development.
In the Templestowe College Zone Walk to Templestowe Valley Primary School Close to Bulleen Plaza, Macedon Square, Elevated position City bus on Thompsons Road
Terms: 10% deposit, balance 30/60 days
Land: 652 sq m approx.
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Property Information
- Land area approx 652sqm
Nearest Schools
- In Catchment Area
- Independent Schools*
Primary School
- Templestowe Valley Primary School
Secondary School
- Templestowe College
Combined
- Ivanhoe Girls' Grammar School
- Ivanhoe Grammar School - University Campus
- Ivanhoe Grammar School
- Alphington Grammar School
- Fintona Girls' School
- East Preston Islamic College
Primary
- St Clement of Rome School
- St Kevin's School
- St Gregory the Great School
- St John's School
- St Martin of Tours School
- St Bridget's School
- St Charles Borromeo School
- St Bede's School
- St Francis Xavier's School
- St Pius X School
- St Peter & Paul's School
- Mary Immaculate School
- Our Lady Help of Christians School
- St Mary's School
- St Bernadette's School
Secondary
- Marcellin College
- Our Lady of Mercy College
- Catholic Ladies' College Ltd
- Loyola College
Special
- Berengarra School
Fletchers Agents
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Jason Salan Director & Auctioneer, CEA (REIV) REIV Residential Salesperson of the Year 2012 (Non-Principals)
Sold
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House
Templestowe Lower Area Guide
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Important Information
Fletchers Area Guide Templestowe Lower, VIC 3107
The median house price recorded by the REIV in the June 2023 quarter was $1,450,000. The median unit price recorded by the REIV in the June 2023 quarter was $1,060,000. Templestowe Lower is located 14 km north-east of the CBD. Located south of the Yarra River in Melbourne's east, Templestowe Lower is an established residential suburb. Like a number of suburbs in this part of Melbourne, the population has decreased and aged significantly over the 1981-1996 period.