1510 Mt Dandenong Tourist RoadMount Dandenong VIC 3767
Property Details for 1510 Mt Dandenong Tourist Rd, Mount Dandenong
Last Listing description (October 2017)
Located in the heart of Mt Dandenong Village on a prime corner of the Tourist Road, the iconic Kelly s Bar and Kitchen is a part of Hills legend. It has been renovated to become a modern restaurant and bar whilst still retaining the warm, rustic ambience of its past.
The property features separate bar and dining areas, a large commercial kitchen area, large storage shed, brand new sewerage treatment plant and ample parking for patrons. There is a 1am Liquor Licence and lease options with the current operators of up to 23 years.
This is your opportunity to own a piece of history and take advantage of this fantastic investment in a prime location with excellent returns.
Please note: All property details shown are correct at time of publishing. Some properties may have been sold in the preceding 24 hours and we recommend that you confirm open for inspection times with the listing agent direct or the listing office.
Property History for 1510 Mt Dandenong Tourist Rd, Mount Dandenong, VIC 3767
- 06 Apr 2017Listed for Sale $1,6 Million Plus
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0About Mount Dandenong 3767
The size of Mount Dandenong is approximately 7.9 square kilometres. It has 12 parks covering nearly 128% of total area. The population of Mount Dandenong in 2011 was 1,237 people. By 2016 the population was 1,226 showing a population decline of 0.9% in the area during that time. The predominant age group in Mount Dandenong is 60-69 years. Households in Mount Dandenong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Dandenong work in a professional occupation. In 2011, 87.3% of the homes in Mount Dandenong were owner-occupied compared with 89.3% in 2016.
Mount Dandenong has 625 properties. Over the last 5 years, Houses in Mount Dandenong have seen a 33.75% increase in median value, while Units have seen a 74.48% increase. As at 31 October 2024:
- The median value for Houses in Mount Dandenong is $1,037,411 while the median value for Units is $889,251.
- Houses have a median rent of $515.
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