Skip to main content
1- 21 Ocean Beach Road
Sorrento VIC 3943
SearchBack to results
Sold on 24 Nov 2017

1- 21 Ocean Beach Road Sorrento VIC 3943

  • Hotel, Motel, Pub & Leisure
  • 4,482 m²
  • Sold

CONTINENTAL HOTEL, ICONIC VICTORIAN LANDMARK & DEVELOPMENT OPPORTUNITY

    + 4,482sqm* site over 2 titles. Commercial 1 zoning

    + 38.76m frontage to Ocean Beach Road retail strip and 69.6m to Constitutional Hill Road

    + Iconic landmark in one of the state's most popular and frequently visited beachside tourism hotspots

    + Stunning historic limestone building with sea views and restaurant, café, bar, function, entertaining balcony. Plus, accommodation rooms, kitchen and amenity areas

    + Large capacity (920 patron) licence, plus late-night licence until 3am

    + Surplus rear land and neighbouring 21 vehicle car park

    + Planning and heritage approval for existing building refurbishment, including public bar and bistro, restaurant and champagne bar and two (2) function rooms

    + Plus 38 room hotel across refurbished building and additional new hotel wing

    + Additional new 5 storey luxury residential apartment building with parking and rooftop terraces

    + Additional new mixed-use building with café, gymnasium, day spa, deck with 25m lap pool and additional amenity

    + Pre-commitment interest with indicative commencement rent of $1,800,000 plus GST and outgoings

    For Sale via Expressions of Interest closing TUESDAY 5TH DECEMBER 2017 AT 5PM

    Open for inspections:
    Saturday 25th November at 12.00 - 1.00pm
    Saturday 2nd December at 12.00 - 1.00pm

    For further information please contact the sales and marketing agents

    Sotheby's

    Rob Curtain
    +61 418 310 870

    CBRE

    Scott Callow
    +61 418 153 606

    Scott Orchard
    +61 425 760 712

    Make Wizel
    +61 409 809 868

    Chao Zhang
    +61 411 625 068

    *approx

    **REIV

    Property Highlights

    Date Sold24 Nov 2017
    Floor Area4,482 m²
    Land Area4,482 m²
    ParkingOn site parking available
    Building TypePartial building
    Property ID2017231509
    Category
    Last updated  3 Sep 2021
    Map for 1- 21 Ocean Beach Road Sorrento VIC 3943

    Property Highlights

    Date Sold24 Nov 2017
    Floor Area4,482 m²
    Land Area4,482 m²
    ParkingOn site parking available
    Building TypePartial building
    Property ID2017231509
    Category
    Last updated  3 Sep 2021

    Listed by

    Scott Callow
    Scott Callow
    CBRE
    Call
    +61 418 153 606

    More Hotel, Motel, Pub & Leisure for Sale in Sorrento VIC

    Sold
    1- 21 ocean beach road,sorrento, VIC 3943
    4,482 m²
    Hotel, Motel, Pub & Leisure