21 Airds Road, Templestowe Lower VIC 3107

Corner block 724sqm | single-level family layout | dual-occupancy potential | Templestowe Valley Primary catchment The property’s primary buying case rests on its corner-block configuration and 724sqm site, which in this pocket of Templestowe Lower is increasingly rare for a single-level family home. The 283sqm building footprint leaves meaningful outdoor space, and the absence of overlays combined with Manningham’s current zoning makes a secondary dwelling or granny flat a viable future option subject to council approval. For a buyer seeking a long-term hold with redevelopment optionality, this property positions competitively against tighter blocks in the same price band. The location within the Templestowe Valley Primary catchment and proximity to Finns Reserve and the Eastern Freeway adds practical family appeal, and the existing four-bedroom layout with a study-capable fourth room suits a professional couple or young family without requiring immediate renovation. The primary risk is the 1992 sale date and lack of recent comparable sales data, which means the price guide sits below the estimated value range—this may reflect deferred maintenance or a vendor motivated by timeline rather than condition. Buyers should budget for a building inspection and potential updates to services, as the satellite-detected roof height and elevation data suggest an older structure. The opportunity lies in negotiating below the estimated value midpoint, then adding value through a strategic renovation or future subdivision of the corner lot. Hold this property for its land content and zoning flexibility, not for its current finishes.