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174 Ocean Beach Road
Sorrento VIC 3943
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Sold on 7 Mar 2020

174 Ocean Beach Road Sorrento VIC 3943

  • Shop & Retail
  • 269 m²
  • Sold

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

Property Highlights

Date Sold7 Mar 2020
Floor Area269 m²
Land Area233 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017232045
Category
Last updated  30 Nov 2023
Map for 174 Ocean Beach Road Sorrento VIC 3943

Property Highlights

Date Sold7 Mar 2020
Floor Area269 m²
Land Area233 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017232045
Category
Last updated  30 Nov 2023
Level 34, 8 Exhibition Street Melbourne VIC 3000

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