{"Slug":"house-1590-1594-mount-dandenong-tourist-road-olinda-vic-3788","CanonicalUrl":"https://realsearch.com.au/house-1590-1594-mount-dandenong-tourist-road-olinda-vic-3788","Address":"1590-1594 Mount Dandenong Tourist Road, Olinda, Vic 3788","Suburb":"Olinda","State":"VIC","Postcode":"3788","PropertyType":"House","Status":"For Sale","Headline":null,"Description":"EOI Closing April 30 at 5pm - Lochiel Original Cottage, four-bedroom, 2 bathroom cottageacross 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 separatekitchens - offering privacy and comfort- With five dwellings set on this exceptional property, zoned for commercial use andresidential use, private accommodation, or the creation of a remarkable familycompound.-  This is a once in a generation opportunity with substantialincome including huge potential for growing theaccommodation income. Set across approximately three acres on three separatetitles, this rare and long-held property offers an exceptional opportunity tosecure a flexible accommodation holding just moments from Olinda Village. Withfive dwellings set on this exceptional property, the layout lends itself tocommercial use, private accommodation, or the creation of a remarkable familycompound. At the heart of the property sits the charming originalcottage, offering four bedrooms and two bathrooms across two levels, rich incharacter and warmth. The kitchen, fitted with stainless steel appliances and abreakfast bar, flows easily into the living spaces, and an adjoining balcony isperfect for a tranquil morning coffee. Positioned privately within thelandscape, the main residence provides comfortable family living whilesupporting a range of future possibilities. Further along the driveway are three separate treetopcottages, each thoughtfully positioned to provide privacy and flexibility.These contemporary guest accommodation includes three one-bedroom cottages andone two-bedroom cottage. Each of the three striking tri-level retreats capture themagic of the surrounding forest from every angle. King-sized bedrooms perchhigh among the glorious gumtree branches, opening to balconies that placeguests right within the canopy. Downstairs, jarrah floors, glowing log firesand picture windows frame tranquil forest views, while spa bathrooms featureoversized oval baths perfectly positioned for wildlife watching. The fifth cottage - a double-level guesthouse - offers thesame sense of privacy and comfort with an easy, flowing layout ideal forcouples seeking a romantic getaway. Each cottage has been thoughtfully designed with indulgenttouches including fireplaces, private balconies, kitchenettes and beautifullyappointed bathrooms with large spas and separate showers. Outside, winding pathways weave through towering tree ferns,rhododendrons, magnolias, azaleas, maples, fir and chestnut trees and nativerainforest plantings. Birdsong replaces background noise, while the filteredlight through the canopy shifts with the seasons. Guests can wander to nearbyrestaurants 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 inperfect balance.  The configuration of the main cottage creates a versatilesetting suited to short-stay accommodation, private leasing (STCA), extendedfamily living, or continued commercial use. With established gardenssurrounding the dwellings and a layout that balances privacy withaccessibility, the property offers both income potential and an amazinglifestyle opportunity. With a minuets walk to Olinda Village, established tourismappeal, and flexible residential and commercial potential, the possibilitieshere are extensive. Whether continuing the accommodation use, expanding theoffering (STCA), or transforming the property into a private multi-generationalretreat, 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.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"Contact Agent"},"Bedrooms":"9","Bathrooms":"7","Parking":"10","Features":[{"Name":"Bedrooms","Value":"9"},{"Name":"Bathrooms","Value":"7"},{"Name":"Carports","Value":"10"},{"Name":"Area","Value":"1.19 ha"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-37.8541427,"Longitude":145.363381,"Agent":{"Name":"Amanda Rakusic","CanonicalUrl":"https://realsearch.com.au/agent/amanda-rakusic"},"Agency":{"Name":"Bell Real Estate - Olinda","CanonicalUrl":"https://realsearch.com.au/agency/bell-real-estate-olinda"},"CreatedAt":"2026-03-18T09:47:39.9767122","UpdatedAt":"2026-04-10T11:04:50.0333706"}