OFF MARKET

1602 Mt Dandenong Tourist Road
Olinda VIC 3788

Bedrooms: 6
Bathrooms: 6
Car spaces: -
Floor area: 295m2
Land area: 1141m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 1 Jul 2024
Low

High
Save

Property Details for 1602 Mt Dandenong Tourist Rd, Olinda

1602 Mt Dandenong Tourist Rd, Olinda is a 6 bedroom, 6 bathroom House and was built in 1985. The property has a land size of 1141m2 and floor size of 295m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1985
Floor Size
295m2
Land Size
1141m2
Local Government
Yarra Ranges
Lot/Plan
2/PS406487

Last Listing description (May 2023)

PLEASE CALL AGENT TO REGISTER PRIOR TO INSPECTING. PHOTO ID REQUIRED

AUCTION 5 MAY | 1.00PM

Ever dreamt of owning an "iconic" landmark, only 1 hour from Melbourne's CBD?

Surrounded by romantic countryside and natural gardens, atop of the stunning Dandenong Ranges, The Loft in the Mill is centrally-located in the township of Olinda; opposite shops, restaurants, art galleries and a short walk to renowned parks and gardens.

There exists an opportunity for one lucky purchaser to secure a uniquely handcrafted 3 storey, timeless architectural bluestone beauty; offering a bitumen-sealed 12 space carpark, 4 private courtyards and incredible income-producing opportunities.
Currently delighting guests as an elegant boutique hotel with an indulgent Day Spa.
Come and discover the enchanting magic of this property, boasting a bespoke architectural style and tailored dcor to ignite the senses and experience a stay like no other.

The multi-permit affords flexible use the choice is yours a place to live in, multi-generational living, accommodation rental and/ or commercial leasing. Ideal for those who work from home, have another business, want another income source and want to be closer to nature in the ultimate sanctuary of peace and tranquility.

Overview of offering:
1123m2 land area
Total lettable area 285m2
3 storey bluestone building
4 private entranced furnished suites
2 private entranced suites with commercial tenant
Office / library / reception
Mains gas, electricity and water
12 car spaces on bitumen
Current Liquor Licence
Current Accommodation Registration Class D
Current Food Registration Class 3
Separate "Boadshed" building
Only 2 owners affirms the longevity and enjoyment of this investment

Property History for 1602 Mt Dandenong Tourist Rd, Olinda, VIC 3788

A timeline of how this property has performed in the market
Last Sold
$1,790,000
05 May 2023
  • 05 May 2023
    Sold for $1,790,000
  • 06 Apr 2023
    Listed for Sale AUCTION (5TH MAY) $1,250,000 - $1,375,000
  • 08 Oct 2018
    Listed for Sale $2,100,000 - $2,300,000
Sign in to see more transactions

Commute Calculator

About Olinda 3788

The size of Olinda is approximately 17.9 square kilometres. It has 23 parks covering nearly 101.6% of total area. The population of Olinda in 2011 was 1,663 people. By 2016 the population was 1,749 showing a population growth of 5.2% in the area during that time. The predominant age group in Olinda is 40-49 years. Households in Olinda are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Olinda work in a professional occupation. In 2011, 84.6% of the homes in Olinda were owner-occupied compared with 82.9% in 2016.

Olinda has 965 properties.

    There are currently 9 properties listed for sale, and 4 properties listed for rent in Olinda on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Olinda.

    Suburb Insights for Olinda 3788

    Market Insights
    Trends for Houses
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend


    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Trends for Units
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend


    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Neighbourhood Insights
    Age
    Household
    Occupancy
    No data to show
    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.