Summary
Adrian Roca, Liquidator, invites EOIs for the acquisition of SkyHigh, an established destination venue offering dining, functions, weddings, visitor attractions and associated activities.
Location Details
26 Observatory Rd
26 Observatory Road, Mount Dandenong VIC 3767. Landmark venue within the Mount Dandenong Observatory Reserve, offering elevated views across Melbourne and surrounds, in the heart of the Dandenong Ranges tourism precinct
Potential
An opportunity to acquire an established destination business with multiple revenue streams, including a bistro restaurant and takeaway kiosk, wedding and function facilities, gate admission and maze revenue. The venue includes established kitchens, dining areas, operating equipment and infrastructure, with an upper function area accommodating approximately 450 patrons, subject to approvals. Potential exists to further develop the food, beverage, events and tourism offerings.
Skills
The opportunity would suit an experienced hospitality group, multi-site restaurant operator, wedding and events business, tourism operator or special-situations investor.
Relevant capabilities include restaurant and food and beverage operations, functions and event management, staffing, marketing, financial management and the operation of a high-volume destination venue.
Hours
Open 7 days. Historically trading from 10:15am to 8pm Sun–Thu and 10:15am to 9pm Fri–Sat. Hours may vary
Lease
Crown land managed by Parks Victoria. Any tenancy and its terms are subject to Parks Victoria assessment and approval.
Employees
Details upon enquiry.
Reason for Sale
The business and associated assets are being offered for sale following the appointment of Adrian Roca, the Liquidator to SkyHigh Mt Dandenong Pty Ltd. The Liquidator is seeking expressions of interest from parties interested in acquiring the business and/or its assets as part of the orderly realisation of the Company’s assets.
About the Business
SkyHigh Mount Dandenong is a longstanding hospitality, events and tourism destination located at the summit of Mount Dandenong.
Further information will be provided to interested parties following execution of a confidentiality deed.
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