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54-56 Ocean Beach Road Sorrento, VIC 3943

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54-56 Ocean Beach Road,
Sorrento, VIC 3943

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LARGE DOUBLE FRONTED SORRENTO LANDHOLDING PLUS REAR ACCESS & PARKING

OVERVIEW

+ Freestanding retail investment centrally located in the renowned main street of Sorrento

+ 5-year net lease, providing a net annual income of $112,617^ (after land tax), 100% paid by Sportsgirl (subsidiary of Sussan Group)

+ Strong underlying land value (574sqm*) with future value add possibilities given favourable commercial zoning, lease structure & surplus land at rear (STCA)

+ Includes rear lane access onto major council car park plus rare 10.1 Metre* frontage

LIFESTYLE

+ Mornington Peninsula’s most prestigious location famed for its premier national retailers, beachside charm & its infamous Millionaire’s Walk


For Sale via Public On-Site Auction Saturday 9th March 2019 at 11.00am (AEDT)

For further information contact the exclusive selling agents:

Rorey James
+61 439 400 081

Mark Wizel
+61 409 809 868

Nic Hage
+61 448 782 594

Jing Jun Heng
+61 411 059 116

*approx

Property ID: 503085266Last Updated: 3 Sep 2021

03 8621 33...
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54-56 Ocean Beach Road
Sorrento, VIC 3943
CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
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