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205-213 High Street
Templestowe Lower, VIC 3107

$8,900,000 - $9,790,000

Listed Date: 12th Jun 2026
Overview

205-213 High Street, Templestowe Lower

Expressions of Interest closing Tuesday 30 June at 5pm.

Occupying an extraordinary 4,018sqm (approx.) across one of Templestowe Lower's most prominent and tightly held addresses, 205-213 High Street represents a truly rare opportunity to secure a substantial landholding with exceptional future potential.

Comprising multiple properties across a significant consolidated site, this expansive parcel boasts extensive High Street frontage, outstanding exposure and the scale required to deliver a landmark development outcome (subject to council approval). Whether your vision includes luxury townhomes, boutique apartments, aged care, retirement living, mixed-use development or a premium land-banking investment, the possibilities are substantial.

A feasibility scheme has already been prepared and is available upon request, incorporating an 80-place childcare centre, 500sqm medical centre, 42 apartments and associated parking, providing purchasers with valuable insight into the site's development potential (subject to council approval).

The existing dwellings provide flexibility for investors seeking holding income while future plans are explored, further enhancing the appeal of this exceptional acquisition.

Positioned within one of Manningham's most sought-after residential corridors, the site enjoys immediate access to Templestowe Village, Macedon Square, Westfield Doncaster, local parklands, public transport and some of the area's most highly regarded schools. Convenient access to the Eastern Freeway ensures seamless connectivity to Melbourne's CBD and surrounding employment hubs.

Large-scale development opportunities of this calibre are becoming increasingly scarce throughout Melbourne's eastern suburbs. Offering scale, flexibility, exposure and an enviable lifestyle location, this is a compelling opportunity to create a significant project in one of Manningham's most desirable growth precincts.

Key Highlights:

  • Expansive landholding of 4,018sqm (approx.)
  • Significant High Street frontage with outstanding exposure
  • Multiple existing residences providing holding income potential
  • Exceptional redevelopment opportunity (subject to council approval)
  • Suitable for townhouse, apartment, aged care, retirement or mixed-use outcomes (subject to council approval)
  • Prestigious Templestowe location surrounded by quality homes
  • Moments from Templestowe Village, The Pines and Westfield Doncaster
  • Excellent access to schools, parklands, public transport and the Eastern Freeway
  • Rare opportunity to secure a development site of scale in a tightly held blue-chip locale

A landmark site with limitless potential in one of Melbourne's most tightly held eastern suburbs.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
205-213 High Street
Templestowe Lower VIC 3107
Market Insights for Templestowe Lower VIC 3107
New Listings (last 30 days)
7
Average price
$1,535,000
Lowest price
$870,000
Highest price
$2,750,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.