304 Thompsons Road, Templestowe Lower, Vic 3107

Nestled on a sprawling 853sqm allotment, this 1979 Fasham Johnson residence embodies timeless elegance and exciting possibilities, making it a rare find for homeowners, investors, or developers alike. With its well-preserved retro charm, modern conveniences, and versatile potential, this property offers immediate comfort alongside the opportunity to create something truly extraordinary.

The home’s layout revolves around a pristine in-ground pool, setting the stage for endless outdoor enjoyment, whether it’s family gatherings, summer barbecues, or simply relaxing by the water. Inside, soaring timber-lined cathedral ceilings bring a sense of grandeur and space, while the interiors remain true to the best of late mid-century design. Lovingly maintained, this residence provides a perfect starting point for those seeking to enhance its character with modern updates, offering both nostalgia and a contemporary vision.

Designed for harmonious family living, the property features formal and casual living areas that cater to every occasion. The central kitchen, with expansive views of the pool, serves as the heart of the home. Four generously sized bedrooms, each equipped with built-in robes, provide ample accommodation, while the master bedroom serves as a private retreat with its luxurious ensuite featuring a sunken bath. Additional highlights include a cozy open fireplace for winter evenings, a lounge bar perfect for entertaining, a cellar, a loft accessed by a dropdown ladder, a full laundry, ducted heating, and a spacious double garage.

For those with an eye for development, this property also holds incredible potential. Subject to council approval (STCA), it offers the unique opportunity to transform the site into a three-level kindergarten or nursing home, making it an attractive proposition for developers or those looking to create a community-focused venture.

Its location is equally impressive. Positioned next to the serene Ted Ajani Reserve, this property blends natural beauty with urban convenience. Families will appreciate the proximity to leading schools such as Templestowe Valley Primary, Templestowe College, and Marcellin College, ensuring excellent educational options. For shopping and lifestyle needs, The Pines and Westfield Doncaster are just moments away, offering an array of retail, dining, and entertainment options. Public transport links and nearby amenities further enhance the appeal of this exceptional address.