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.

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.