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106-124 Falls Road

Mount Dandenong, VIC 3767, Australia
3 bed 0 bath 0 car94819m²

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AI Valuation Estimate
$1.20m$1.35m

Based on recent comparable sales in Mount Dandenong

+6.2% suburb growth over 12 months
🏫
8.4/10
Schools
🚇
87/100
Walk Score
📈
+6.2%
Growth
🛡️
9.1/10
Safety

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Property Insights

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About this property

Presenting an exceptional opportunity for acreage homesites and/or commercial opportunities. This outstanding nursery facility, with tree racking for 18,000 trees, spans two adjoining titles: 106-110 and 112-124 Falls Road, Mount Dandenong. Please note, there is a current planning permit in place to allow for further expansion of the whole site. 112-124 Falls Road, Mount Dandenong: 14 acres with large machinery shed /WS and nursery infrastructure. 106-110 Falls Road, Mount Dandenong: 9.5 acres with 17 megalitre Dam, cottage/ office, loading dock and extensive nursery infrastructure. Available as a combined purchase or as individual lots, this versatile offering can cater to a variety of visions. 112-124 Falls Road: A prime piece of Dandenong Ranges real estate, 112-124 Falls Rd offers 56,645 sqm of opportunity. An ideal spot to build your dream home on a block that is substantially flat with open grounds. Currently utilized as part of a nursery business, this property features a spacious 18x9 m machinery shed with concrete floor that is big enough to house a tandem truck. Featuring 3-phase power, it is perfectly suitable for like commercial activity. Additional features include hooped hothouses, reticulation system, excellent perimeter fencing, and hard surface access throughout the site, presenting ample space for cultivation and growing. 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. Whether maintaining the nursery business, or envisioning a grand private residence befitting the property, the potential is vast. 106-110 Falls Road: Discover the potential of 106-110 Falls Rd, Olinda. This expansive 9.5 acres or 38,174 sqm property is currently flourishing as a meticulously maintained nursery business, which encompasses the neighbouring allotment at 112-124 Falls Rd (also for sale), and is perfectly fit for purpose in its open and sunny landscape. On the site, a habitable 3-bedroom cottage serves as an office and breakroom facility for employees. 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. Bordered by Olinda Creek at its rear, with pumping rights available, the lightly sloping property presents an excellent opportunity for a multitude of uses. Whether you continue to utilize the acreage as a nursery business or explore its spectacular potential as an outstanding private residence, the abundant features and prime location define this site as a unique offering in the heart of Olinda. While perfect for commercial use, it would make a great residential site to build that dream home. Opportunity for the right tenant to lease both blocks to operate as a nursery site.

Property Features

    Location & Nearby

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    Approximate location shown. Contact agent for exact address.

    AI Neighbourhood Insights

    🏫
    8.4/10
    School Rating
    Top catchment
    🚇
    87/100
    Walk Score
    Very walkable
    📈
    +6.2%
    Capital Growth
    Last 12 months
    🏡
    1.4%
    Vacancy Rate
    Very low
    🛡️
    9.1/10
    Safety Score
    Very safe
    8.8/10
    Lifestyle Score
    Excellent amenities

    Within 5km

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