
Property Details
Property Type
House & Land
Bedrooms
Bathrooms
Car
Study
8
6
0
Floor Area
Site Area
Property Description
Rare, High-Return Boutique B&B Business + Residential Property for Sale in Mount Dandenong!
Property Address: 8 Observatory Road, Mount Dandenong VIC 3767
Property Overview:
Approx. 4,000㎡ land, Zoning: Green Wedge A Zone (GWAZ1)
5 uniquely styled standalone houses, totaling 8 bedrooms & 6 bathrooms, licensed for 16 guests
Independent power, water, and gas systems, 7 parking spaces
Stable operation, turnkey business + property transfer (includes website/phone/customer database, etc.)
Key Features:
The property features 8 bedrooms and 6 bathrooms across 5 units, which can be rented separately to 5 groups of guests.
Alternatively, one 4-bed, 2-bath unit can be reserved as the main residence, with 4 independent B&B suites.
Attached suites include SPA baths & fireplaces, private gardens, and excellent privacy.
Panoramic views overlooking Melbourne CBD skyline, with 5-star guest ratings.
Nearby Amenities:
400m to SkyHigh lookout & restaurant
Close to Olinda/Sassafras tourist villages
200m to public transport, convenient access
Price: Asking $1,970,000 - $2,147,000 (Note: Listed on REA at the same price)



















