26 Observatory RoadMount Dandenong VIC 3767
Property Details for 26 Observatory Rd, Mount Dandenong
Last Listing description (August 2018)
CBRE Hotels are privileged to present to market the leasehold interest of SkyHigh, Mount Dandenong in Victoria. Offered for the first time in close to 15 years, the much-loved and iconic SkyHigh has continually set the benchmark for Melbourne hospitality and now offers the opportunity for purchasers to secure this truly unique establishment in todays tightly-held market. Venue highlights include: - Award-winning wedding and function venue - Premier location in the Dandenong Ranges atop Mt Dandenong, boasting sweeping panoramic views- Main venue featuring bistro area and bar, upstairs function room, caf terrace and observation deck - ideal for weddings and premier corporate events- Offers a fully functional commercial kitchen with state-of-the-art equipment included in sale- Surrounds include stunning landscaped gardens with the popular SkyHigh Maze and Maze House Caf- Ample parking for 250 cars over 8 carparks- Healthy amount of forward function bookings in place providing continuing income - Current 1am liquor licence included - ideal for wedding and function tradeWith breathtaking views over greater Melbourne, SkyHigh provides one of the most amazing locations and presents as an ideal opportunity for a hands-on operator. For sale via Expressions of Interest closing Thursday 26th July 2018 at 4pm (AEST). For further information on this business or to obtain the Information Memorandum, please contact the agents listed below.
Property History for 26 Observatory Rd, Mount Dandenong, VIC 3767
- 15 Aug 2018Listed for Rent - Price not available
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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 621 properties. Over the last 5 years, Houses in Mount Dandenong have seen a 43.26% increase in median value, while Units have seen a 111.03% increase. As at 31 July 2024:
- The median value for Houses in Mount Dandenong is $1,037,405 while the median value for Units is $1,002,470.
- Houses have a median rent of $775.
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