1590-1594 Mount Dandenong Tourist Road, Olinda, Vic 3788

EOI Closing April 30 at 5pm
 - Lochiel Original Cottage, four-bedroom, 2 bathroom cottage
across two levels.
- Three separate 1 bedroom, 1 bathroom 3 level tree-top cottages with amazing views.
- A fifth cottage, double-level, 2 bedroom, 2 bathroom guesthouse with 2 separate
kitchens - offering privacy and comfort
- With five dwellings set on this exceptional property, zoned for commercial use and
residential use, private accommodation, or the creation of a remarkable family
compound.
-  This is a once in a generation opportunity with substantial
income including huge potential for growing the
accommodation income.
 
Set across approximately three acres on three separate
titles, this rare and long-held property offers an exceptional opportunity to
secure a flexible accommodation holding just moments from Olinda Village. With
five dwellings set on this exceptional property, the layout lends itself to
commercial use, private accommodation, or the creation of a remarkable family
compound.
 
At the heart of the property sits the charming original
cottage, offering four bedrooms and two bathrooms across two levels, rich in
character and warmth. The kitchen, fitted with stainless steel appliances and a
breakfast bar, flows easily into the living spaces, and an adjoining balcony is
perfect for a tranquil morning coffee. Positioned privately within the
landscape, the main residence provides comfortable family living while
supporting a range of future possibilities.
 
Further along the driveway are three separate treetop
cottages, each thoughtfully positioned to provide privacy and flexibility.
These contemporary guest accommodation includes three one-bedroom cottages and
one two-bedroom cottage.
 
Each of the three striking tri-level retreats capture the
magic of the surrounding forest from every angle. King-sized bedrooms perch
high among the glorious gumtree branches, opening to balconies that place
guests right within the canopy. Downstairs, jarrah floors, glowing log fires
and picture windows frame tranquil forest views, while spa bathrooms feature
oversized oval baths perfectly positioned for wildlife watching.
 
The fifth cottage - a double-level guesthouse - offers the
same sense of privacy and comfort with an easy, flowing layout ideal for
couples seeking a romantic getaway.
 
Each cottage has been thoughtfully designed with indulgent
touches including fireplaces, private balconies, kitchenettes and beautifully
appointed bathrooms with large spas and separate showers.
 
Outside, winding pathways weave through towering tree ferns,
rhododendrons, magnolias, azaleas, maples, fir and chestnut trees and native
rainforest plantings. Birdsong replaces background noise, while the filtered
light through the canopy shifts with the seasons. Guests can wander to nearby
restaurants and cafés, stroll to the famous Dandenong Ranges Botanic Gardens,
or simply stay put and soak in the quiet.
 
For visitors, it feels like a hidden world. For the owners,
it’s a rare lifestyle opportunity where home, business and nature exist in
perfect balance. 
 
The configuration of the main cottage creates a versatile
setting suited to short-stay accommodation, private leasing (STCA), extended
family living, or continued commercial use. With established gardens
surrounding the dwellings and a layout that balances privacy with
accessibility, the property offers both income potential and an amazing
lifestyle opportunity.
 
With a minuets walk to Olinda Village, established tourism
appeal, and flexible residential and commercial potential, the possibilities
here are extensive. Whether continuing the accommodation use, expanding the
offering (STCA), or transforming the property into a private multi-generational
retreat, this is a rare opportunity seldom offered to the market.
 
Held for 30 years — now ready for its next chapter.
 
At a glance:
 
-       Rare opportunity — held by the same family for 30 years
-       Approximately 3 acres of land across three separate titles
-       Established accommodation configuration with commercial potential
-       Flexible options for business, private leasing (STCA), or family compound living
-       Private surrounds with established gardens
-       Highly desirable lifestyle location near Olinda Village
-       Scope to enhance, expand or reimagine the offering (STCA)

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.

Type

House

Bedrooms

9

Bathrooms

7

Parkings

10

Area

1.19 ha