The internationally renowned Cuckoo Restaurant is up for sale.
For over 60 years, the iconic Dandenong Ranges eatery has been making thousands of locals and tourists smile with their delicious Bavarian fare, refreshing steins of German beer, and energetic live music and entertainment.
But after six decades of operation, The Cuckoo freehold and business is now on the market for sale.
The Cuckoo opened in 1958 in Olinda, and was run by Willi and Karin Koeppen as one of Australia’s first all-you-can-eat smorgasbord restaurants.
The restaurant has since remained in the family with owner Karin Koeppen still welcoming people when they enter.
Johnston King Real Estate agent Michael Hall said the restaurant drew thousands of international visitors every year and that everyone he’d spoken to had a story to tell of the Cuckoo.
“It’s a fascinating piece of tourist history in Victoria.”
“Last year they 80,000 visitors and about 25 per cent are overseas tourists…it’s such a success story.”
Mr Hall said he expected interest from Australian and International buyers alike, though he doubts that the buyer will change the successful business model.
“It virtually runs itself, and just has key personnel …. Karin still sits there and chats to all her all mates. And life just goes on.”
“I’m sure whoever buys it will retain the style and atmosphere of the business-they’d be crazy not to. It obviously has tremendous appeal for tourism and that’s increasing in Melbourne, and especially in the Dandenongs.”
The property is situated on approximately 10 acres (3.869 hectares) of prime Olinda land, with the restaurant itself spanning 2 levels, offering 3 dining rooms, and seating over 400 patrons.
The land also features a 2 bedroom manager’s residence and large car park which can fit 10 coaches.
Expressions of interest on the property are already open and will close on November 30