86 Rose Avenue

***INSPECTIONS BY PRIVATE APPOINTMENT ONLY*** *PLEASE CONTACT AGENT TO RECEIVE A COPY OF THE APPROVED PLANS AND PERMITS* Boasting an enviable elevated position, this traditional suburban property offers a rare lifestyle opportunity in a prime location just moments from Templestowe Valley Primary School and within the sought-after Templestowe College zone. With approved plans and permits already in place for three brand-new townhouses, the possibilities here are both exciting and abundant. Currently occupying the generous 762 sqm (approx.) block is a spacious, character-filled home that was once a standout of its era. While the existing residence offers 3 bedrooms plus a study or potential 4th bedroom, open-plan living, and a double lock-up garage, the real value lies in the future whether that's a contemporary renovation (STCA), executing the approved multi-dwelling development, or designing and building your dream home (STCA). Positioned to potentially capture city views, this is a unique opportunity to create a modern, stylish development in a high-demand area. Enjoy walking distance to the beautiful Birrarung parklands and easy access to Macedon Plaza, Bulleen Plaza, and Westfield Doncaster. Plus, you're just minutes from the Eastern Freeway, offering a seamless connection to Melbourne's CBD.