Discover the potential of a rare acreage site in Olinda. This expansive 9.5 acres (38,174 sqm) property is previously run as flourishing as a meticulously wholesale nursery business comes packed full of opportunities.
The 1950s cottage features 3 bedrooms, kitchen and sunroom and comprises character features such as polished boards and open fireplace. It has been used primarily as an office and while habitable, it will need plenty of love and care.
While perfect for commercial use, it would make a great residential site to build that dream home on a block that is substantially flat with open grounds.
Central to the property infrastructure is a lined 17 megalitre dam featuring a filtration system that is constantly aerated by a bubbling system that provides reliable water management. This is enhanced by an electronically zoned and timed reticulation system ensuring the care of the nursery stock. A covered loading bay facility, hard surface access throughout the property, and secure fencing are additional infrastructure items which enhance the value and amenity of the property.
Water rights potentially available to the right buyer.
Bordered in part by Rich Creek, the property boasts a serene natural boundary adding to its charm on one side and Rhododendron Gardens and National Park on its eastern side. We are private, secure but still close to the local township and amenities.
Whether maintaining the nursery business, renovating the cottage or envisioning a grand private residence befitting the property, the potential is vast.
- 3-bedroom cottage
- 9.5 acres
- Massive dam with infrastructure
- Water rights available
- Secure fencing
- Opportunity to purchase neighbouring block
The size of Mount Dandenong is approximately 7.9 square kilometres. There are 12 parks, covering nearly 128.0% of the total area. The population of Mount Dandenong in 2016 was 1251 people. By 2021 the population was 1271 showing a population growth of 1.6% in the area during that time. The predominant age group in Mount Dandenong is 50-59 years. Households in Mount Dandenong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Dandenong work in a professional occupation.In 2021, 90.60% of the homes in Mount Dandenong were owner-occupied compared with 89.30% in 2016.
Mount Dandenong has 621 properties. Over the last 5 years, Houses in Mount Dandenong have seen a -3.37% decrease in median value, while Units have seen a 107.28% increase. As at 31 July 2026:
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