1451 Mount Dandenong Tourist Road Olinda VIC 3788

JLL Hotels & Hospitality Group are delighted to offer exclusively for sale the Freehold Interest in the Mount Dandenong Hotel, Olinda, Victoria.

Providing an expansive land-banking opportunity of 6.5 acres* in the heart of one of Victoria's most popular tourism destinations, the Dandenong Ranges, this incredible property provides significant value add potential, taking full advantage of it's picturesque location.

Investment highlights:

- Offered with near term lease expiry, offering flexibility for investors to negotiate favourable lease terms, or operators / developers to secure in the short term
- Compelling value-add potential via introduction of accommodation, taking advantage of high-volume tourism trade
- Expansive land-holding of approx. 25,930sqm*/6.5 acres* fronting major tourist throughfare
- Benefit of short term holding income via current annual rent of $215,000 plus GST
- Located in the heart of Victoria's Dandenong ranges, a popular tourism destination, within an hour's drive of Melbourne's CBD
- Dandenong Ranges and the Yarra Valley welcoming 5.6 million* visitors annually, including 2.1 million* overnight stays - 28.6% increase compared to June 2019

*Approx

Perched atop of a mountain of possibility, opportunity abounds for investors or operators, to acquire a local landmark to revive and thrive!

For sale via Expressions of Interest - Closing 4pm Wednesday 16th July 2025

For any queries, please contact the exclusive agents listed below.