Welcome to 1 Princeton Place, Templestowe - a rare opportunity to secure a superb 800sqm (approx.) corner block complete with approved plans and permits for two architecturally designed, freestanding townhouses. Perfectly positioned in one of Templestowe’s most peaceful and tightly held pockets, this property delivers the best of both worlds: a beautifully maintained family home today and a ready-to-go development project for tomorrow. Step inside to discover a thoughtfully designed four-bedroom residence that radiates warmth, comfort, and flexibility. The master bedroom features a walk-in robe and private ensuite, while two additional bedrooms are serviced by an updated central bathroom, ensuring modern comfort for the whole family.