Behind private gates and surrounded by 3,969m² (approx.) of beautifully curated gardens, Tallawalla reveals one of Olinda’s most compelling opportunities, two independent homes on one extraordinary property.
A rare offering of space, versatility and income potential, all set within a landscape that feels worlds away from the city.
Two Stand-Alone Homes. Endless Possibilities.
Home One – The Main Residence (3 Bed, 3 Bath + Office + multi Living Zones)
An elegant, light-filled weatherboard retreat spread across two levels, offering refined comfort and timeless Hills character.
• Three serene bedrooms with garden outlooks
• Three stylish bathrooms, including a luxurious master ensuite
• Dedicated home office / study
• Formal lounge with original Jotul wood fire and classic detailing
• Superb galley kitchen with Corian benchtops, bespoke cabinetry and one of the largest butler’s pantries imaginable
• Timber sash windows, multiple French doors, two elevated balconies and seamless garden connection
• Solar panels, gas ducted heating and custom finishes throughout
This home is designed for families, for entertaining, and for those who value quality craftsmanship in a peaceful environment.
Home Two – A Fully Independent Second Residence
A separately metered, two-storey studio positioned for absolute privacy.
It functions as a complete second home, perfect for dual living or income generation.
• Spacious upstairs bedroom
• Modern bathroom
• Full kitchen
• Generous living area
• Independent entry and separation from the main home
Ideal for extended family, adult children, guest accommodation, consulting rooms or Airbnb potential (STCA).
A bonus multi-purpose workshop / creative space sits beneath, perfect for projects, storage, hobbies or a home gym.
The Land – Rare, Usable, and Full of Opportunity
Unlike many Hills properties, Tallawalla offers expanses of flat, practical land with enormous scope to personalise:
• Sheds or garages
• Additional studios
• Outdoor entertaining precincts
• Future extensions
(STCA)
Pebblestone pathways weave through mature trees, layered hedging and year-round colour, creating countless quiet pockets to enjoy.
Practical extras include water tanks, an oversized double carport and ample additional parking.
A Unique Lifestyle + Income Opportunity
Just moments from Olinda Village, cafés, trails, gardens and schools, this is a property that blends tranquillity with convenience, and delivers two homes, two lifestyles, or two income streams in one remarkable estate.
Whether you’re seeking a dual living sanctuary, a family compound, a high-yield investment or a peaceful retreat, Tallawalla stands in a league of its own.
Your Invitation
This is a property best experienced in person. Walk the grounds, explore both homes, and imagine what this rare dual-residence opportunity could mean for your future.
For further details or to arrange an inspection, contact Craig – Missell Property Group 📞 0437 321 333
Solar Panels
Statement of Information: https://s3-ap-southeast-2.amazonaws.com/documents.renet.cloud/coffsagents/10073024/listing/21578390/1708408/uploads%2F1763512251596-8jcd66z3545-a384226b14171cf1d58f9509530cbb10%2FStatement-of-Information-34-MERNDA-ROAD-OLINDA-VIC-3788-c82f9bdb-fd86-4335-aac7-df6ad6efcc18.pdf