10-16 Ocean Beach Road,
Sorrento, VIC 3943
Shops & Retail
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Map of 10-16 Ocean Beach Road
THE WAIT IS OVER… FLAGSHIP COUNTRY ROAD SORRENTO BUILDING FOR SALE
CBRE Melbourne Strip Retail Investments in conjunction with Prentice Real Estate, present to the market 10-16 Ocean Beach Road, Sorrento for sale via public on-site auction Saturday 10th March 2018 at 12:00pm.
We highlight some key features below:
- 7 year lease (plus 2 x 5 year options) to flagship Country Road store that has dominated trade on the Peninsula, seeing the retailer take on additional storage space to meet year-round customer demand
- A landmark, six-time award winning store that has recently undergone approximately $2million in capital works
- Strong underlying land value (750 sqm*) with future development possibilities given favourable zoning, rear lane access and rare 20 metre* frontage
- Providing an annual income of $279,505^, 100% paid by the highly successful Country Road Clothing Pty Ltd, wholly owned by internationally listed Woolworths Pty Ltd
*Approx
*Approx as at March 2018
For sale via public on-site auction Saturday 10th March 2018 at 12:00pm
CBRE Melbourne Strip Retail Investments
Rorey James
+61 439 400 081
Bianca Butterworth
+61 410 558 126
Mark Wizel
+61 409 809 868
Prentice Real Estate
Max Prentice
+61 419 304 707
We highlight some key features below:
- 7 year lease (plus 2 x 5 year options) to flagship Country Road store that has dominated trade on the Peninsula, seeing the retailer take on additional storage space to meet year-round customer demand
- A landmark, six-time award winning store that has recently undergone approximately $2million in capital works
- Strong underlying land value (750 sqm*) with future development possibilities given favourable zoning, rear lane access and rare 20 metre* frontage
- Providing an annual income of $279,505^, 100% paid by the highly successful Country Road Clothing Pty Ltd, wholly owned by internationally listed Woolworths Pty Ltd
*Approx
*Approx as at March 2018
For sale via public on-site auction Saturday 10th March 2018 at 12:00pm
CBRE Melbourne Strip Retail Investments
Rorey James
+61 439 400 081
Bianca Butterworth
+61 410 558 126
Mark Wizel
+61 409 809 868
Prentice Real Estate
Max Prentice
+61 419 304 707
Property ID: 502698222Last Updated: 3 Sep 2021
03 8621 33...
10-16 Ocean Beach Road
Sorrento, VIC 3943
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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