39 Greenridge Avenue, Templestowe
A permit approved site spanning 3,091sqm in a quiet cul-de-sac has hit the market as the only on-market land/development offering for purchase in Templestowe.
The landholding is located at 39 Greenridge Avenue, Templestowe, bookended by King Street and Reynolds Road in the heart of the Templestowe residential precinct. The site is permit approved for 13 oversized apartments with an NSA of 1,882sqm but also allows for alternative outcomes such as townhouses.
The General Residential Zone landholding boasts an impressive 102m of frontage to Greenridge Avenue proving unrivalled access and development flexibilities. The position is complete with catchment in some of the inner Easts best elite schools namely Doncaster Secondary College (1.4km) and Serpell Primary School (650m).
The property is offered for sale via Stonebridge agents Julian White, Chao Zhang and Max Warren.
“The attractiveness of the product here is a large inner eastern landholding of over 3,000sqm which is build ready but also has alternative development outcomes providing flexibility. With a healthy 17% increase in the median house price in Templestowe, buyers can purchase with confidence knowing the growth in the precinct” – Max Warren manager at Stonebridge.