80-98 Ocean Beach Road,
Sorrento, VIC 3943

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Map of 80-98 Ocean Beach Road

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2,601SQM* OF PRIME SORRENTO COMMERCIAL REAL ESTATE WITH MAJOR UPSIDE (STCA)

DUAL FRONTAGE LAND HOLDING OF 2,601SQM*
UNPRECEDENTED BEACHSIDE OPPORTUNITY
MAJOR FUTURE RENTAL UPSIDE

Dual frontage land holding of 2,601sqm* with dominant exposure to Sorrento's main street as well as substantial rear access

Positioned in the heart of one of Victoria's premier beachside destinations amongst an array of national and boutique retailers. Direct access to Sorrento front beach and major road arterials

Leased to Mitre 10 and O'Brien's Removal & Storage, expiring 2020 with no further options to renew

Highly secure income stream with scope for future rental growth

Unprecedented potential to design and deliver an iconic mixed use project comprising prime retail and high-end residential product (STCA)

FOR SALE BY PUBLIC ON-SITE AUCTION ON SATURDAY 5TH MARCH AT 12:30PM

For more information, please contact the exclusive sales and marketing agents listed below:

Josh Rutman
+61 411 273 746

Rorey James
+61 439 400 081

Mark Wizel
+61 409 809 868

Bianca Butterworth
+61 410 558 126

Sorrento, 3943 demographic data

The median household income for Sorrento is $1,658, 13% lower than Greater Melbourne's household income of $1,901. Sorrento has an older age profile compared to the rest of Greater Melbourne (median age 64 vs 37). Property ownership data shows 23% of property owners in Sorrento have a mortgage.

2,013

Population

$1,658 per week

Median household income

64 years

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