Templestowe Lower 34 Glenair Street
1,065 sqm approx. with a four-townhouse planning permit
On a substantial 1,065 sq m approx. block, this sixties classic is ready to make way for four luxurious new townhouses; two featuring a four bedroom design and two boasting a two bedroom design. With a planning permit in place, developers can quickly kick-start their next multi townhouse project or choose to renovate or build a single dream residence and reap the rewards much sooner.
With four bedrooms and two bathrooms, this modest home is currently tenanted and set to provide additional cashflow while finalising project timelines.
Metres from Templestowe Heights Primary School and Templestowe College, walk to Macedon Plaza and buses that travel to easily to private schools, Westfield Doncaster, and along the freeway into the city.
Substantial 1,065 sq m approx. block with a modest four bedroom home Comes with a planning permit to build four luxurious new townhouses Choose to renovate, build a dream residence or multi development with the existing planning permit Currently tenanted to provide additional cashflow while finalising preparations Metres from Templestowe Heights Primary and Templestowe College Walk to Macedon Plaza and buses bound for private schools, Westfield and the city
Land: 1,065 sq m approx.
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Property Information
- Land area approx 1,065sqm
Nearest Schools
- In Catchment Area
- Independent Schools*
Primary School
- Templestowe Heights Primary School
Secondary School
- Templestowe College
Combined
- Ivanhoe Girls' Grammar School
- Carey Baptist Grammar School - Donvale Campus
- Ivanhoe Grammar School
- Fintona Girls' School
- Ivanhoe Grammar School - University Campus
- Donvale Christian College
Primary
- St Kevin's School
- St Gregory the Great School
- St Clement of Rome School
- St Charles Borromeo School
- St Bridget's School
- St John's School
- St Peter & Paul's School
- St Martin of Tours School
- St Bede's School
- St Francis Xavier's School
- Our Lady of the Pines School
- Our Lady Help of Christians School
- St Francis Xavier's School
- St Pius X School
- Our Holy Redeemer School
Secondary
- Marcellin College
- Our Lady of Mercy College
- Our Lady of Sion College
- Catholic Ladies' College Ltd
Special
- Berengarra School
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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 for the September 2024 quarter was $1,400,000. The median unit price recorded by the REIV for the September 2024 quarter was $1,200,000. 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.