Back 508 Mount Dandenong Tourist Road
Off Market

508 Mount Dandenong Tourist Road

Olinda VIC 3788

2
1
3.89 ha.
House
Last sold for $2,350,000
Elliot BellElliot Bell, last sold this property on 10 August 2025 after 423 days on market.

Overview

RECEIVERS SALE - Expansive Mount Dandenong Hospitality Opportunity

Under the instructions of Receivers and Managers, Loebenstein Insolvency, Colliers and Bell Real Estate are pleased to offer 508 Mount Dandenong Tourist Road, Olinda for sale via Expressions of Interest closing Thursday 22nd May 2025 at 3pm (AEST) The property is offered with vacant possession providing pure flexibility to either occupy, invest or value add. Situated on a 3.89 ha land parcel, the asset provides an expansive offering encompassing a 3 level, 400+ seat hospitality venue. Key Highlights: - Land parcel of 3.87ha - Sold with Vacant Possession - Hospitality fit out - Multiple on-site carparks accommodating in excess of 400 cars - Caretakers’ cottage For Sale via Expressions of Interest campaign closing 3pm Thursday 22nd May 2025 (AEST). Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.

Features

2 bedrooms
1 bathroom
3.89 ha. lot size
House

Estimated Value

We need at least 3 similar 2 bedroom houses sold in Olinda over the last 12 months.

Property history for 508 Mount Dandenong Tourist Road

2025
Sold
$2,350,000
10 Aug 2025 by Elliot Bell, of Bell Real Estate Belgrave
2022
Sold
$2,000,000
24 May 2022 by Scott Allison, of Fletchers Yarra Ranges

Happy sellers in Olinda

74%
74% of sellers in Olinda reported that their sale price either exceeded or met their price expectations.

Olinda stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 25 reviews in Olinda over the last 12 months.

Local market activity for 2 bedroom houses in Olinda

In the last 12 months, 2 two-bedroom houses similar to 508 Mount Dandenong Tourist Road, have been sold.

This represents a 25% increase in two-bedroom houses sales when compared to the previous 12 months.

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