SOLD
Sold on 04 Oct 2023 for $1,851,000

1 Peach Way
Templestowe VIC 3106

Bedrooms: 4
Bathrooms: 2
Car spaces: 8
Land area: 791m2
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Ryan Faridi
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Scott George
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Property Details for 1 Peach Way, Templestowe

Building Type
Commercial
Land Size
791m2
Local Government
Manningham
Lot/Plan
38/LP144422

Last Listing description (October 2023)

Sale by SET DATE Closing October 10.

Boasting prominent street exposure on an outstanding 791sqm (approx.) north-facing corner block, a five-star investment or development (STCA) opportunity awaits. Whilst preparing for a future development or purely investing you will benefit comfortably from the $57,200 per year approx. rent plus tenant paid outgoings.

Easily accessible via public transport and major arterials, the convenient location will be of great interest to medical professionals looking for a property boasting a generous collection of consulting rooms, operating theatre, multiple recovery rooms, reception area, toilet facilities and on-site car spaces.

Located within the sought-after Serpell Primary School and East Doncaster Secondary College catchment areas and enjoying outstanding access to The Pines Shopping Centre, Westfield Doncaster, Ruffey Lake Park and the Eastern Freeway/EastLink, this potential-rich allotment also presents an inspired setting for a trendy residential development (STCA).

*The property comes with 2 toilets & plumbing in most rooms to allow for easy full bathroom conversions. Actual bathrooms are not a part of the sale.

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Property History for 1 Peach Way, Templestowe, VIC 3106

A timeline of how this property has performed in the market
Last Sold
$1,851,000
04 Oct 2023
  • 04 Oct 2023
    Sold for $1,851,000
  • 08 Sep 2023
    Listed for Sale $1.85m - $1.95m
  • 24 May 2002
    Sold for $325,000
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About Templestowe 3106

The size of Templestowe is approximately 16.2 square kilometres. It has 41 parks covering nearly 33% of total area. The population of Templestowe in 2011 was 16,483 people. By 2016 the population was 16,609 showing a population growth of 0.8% in the area during that time. The predominant age group in Templestowe is 50-59 years. Households in Templestowe are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Templestowe work in a professional occupation. In 2011, 85.5% of the homes in Templestowe were owner-occupied compared with 83% in 2016.

Templestowe has 7,287 properties.

    There are currently 35 properties listed for sale, and 7 properties listed for rent in Templestowe on OnTheHouse. According to CoreLogic's data, 261 properties were sold in the past 12 months in Templestowe.

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    Ryan Faridi
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    Scott George
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    Barry Plant Manningham
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