174 Ocean Beach Road,
Sorrento, VIC 3943
Shops & Retail
Key property information
Land area
Floor area
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CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
03 9613 04...
174 Ocean Beach Road
Sorrento, VIC 3943
Map of 174 Ocean Beach Road
SORRENTO'S MOST VALUABLE FREESTANDING CORNER RETAIL INVESTMENT
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+ Iconic triple fronted retail investment positioned on the Mornington Peninsula’s premier shopping strip Ocean Beach Road, Sorrento
+ Unmissable 233sqm* landholding with 44m* of combined corner frontage at the gateway to Sorrento, this is truly a first eyes position as visitors enter the highly trafficked beachside suburb
+ Favourable 5-year net lease (tenant pays rent + outgoings) to the highly rated ‘The Boss’s Daughter’ providing annual income of $100,705* + GST + Outgoings (after land tax)
+ Perfect retail location with unrivalled exposure/signage possibilities, extra wide footpaths for outdoor seating & surrounding free council car parking
+ Mornington Peninsula’s most prestigious location famed for its premier national retailers, beachside charm & its infamous Millionaire’s Walk
+ Location benefits from both rapidly growing local population & swelling all year round tourist visitation
*approx
+ Unmissable 233sqm* landholding with 44m* of combined corner frontage at the gateway to Sorrento, this is truly a first eyes position as visitors enter the highly trafficked beachside suburb
+ Favourable 5-year net lease (tenant pays rent + outgoings) to the highly rated ‘The Boss’s Daughter’ providing annual income of $100,705* + GST + Outgoings (after land tax)
+ Perfect retail location with unrivalled exposure/signage possibilities, extra wide footpaths for outdoor seating & surrounding free council car parking
+ Mornington Peninsula’s most prestigious location famed for its premier national retailers, beachside charm & its infamous Millionaire’s Walk
+ Location benefits from both rapidly growing local population & swelling all year round tourist visitation
*approx
Sorrento, 3943 demographic data
2,013
Population
$1,658 per week
Median household income
64 years
Median age
Owners
Most residents
Families
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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