Olinda 4/1526-1528 Mount Dandenong Tourist Road
Blue Ribbon Investment Opportunity in Busy Tourist Hub
Nestled within a tightly held shopping strip, this property boasts an excellent rental return and a myriad of desirable features. Its prime location ensures a steady stream of foot traffic and offers convenient access to a range of amenities.
With a long-term secure tenant in place, you can enjoy consistent income and peace of mind. The property's highlight is the charming alfresco dining area, perfect for creating a vibrant atmosphere and attracting customers. Additionally, ample car parking is available, enhancing the convenience for visitors.
Its highly visible position further enhances its commercial potential, ensuring maximum exposure for your tenants’ business. This property truly encapsulates the essence of a lucrative investment opportunity, combining high rental returns, a strategic location, and an inviting atmosphere.
79 sqm approx. + 30 sqm approx. alfresco area Rent $28,000 P.A NO GST
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Property Information
- Floor area approx 79sqm
Nearest Schools
- In Catchment Area
- Independent Schools*
- Boronia K-12 College
Primary School
- Olinda Primary School
Combined
- Mount Evelyn Christian School
- Billanook College
- Edinburgh College
- Belgrave Heights Christian School
Primary
- Christadelphian Heritage College Melbourne
- Ghilgai School
- St Bernadette's Catholic Primary School
- St Paul's School
- St Richard's Primary School
- St Thomas More's School
- St John the Baptist School
- St Mary's School
- St Peter Julian Eymard
Secondary
- Mater Christi College
- St Joseph's College
Special
- Cire Community School - Mt Evelyn Campus
Fletchers Agents
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Glenn Gardiner Director & Auctioneer, CEA (REIV)
Sold
Retail
Olinda Area Guide
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Important Information
Fletchers Area Guide Olinda, VIC 3788
Located 36 kilometres from the CBD in the foothills of the Yarra Ranges, Olinda is a thriving family-oriented eastern suburb with a small population of just under 2,000 people. Named after Olinda Creek which flows through the town, Olinda was initially a logging settlement. In the early 1900’s land was made available for horticulture and the town’s population grew substantially. Today, Olinda is home to cafes, restaurants, and numerous art galleries which showcase both local and international artists.