BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Generational Sorrento Freehold Investment | First Time Offered in 40+ Years!\nCBRE is proud to present to the market 105-109 Ocean Beach Road\, Sorrento VIC\, a generational freehold investment in one of Au stralia's most prestigious and tightly held coastal retail strips\, offere d to the market for the first time in over 40 years. \n\nThis opportunity has the following key investment highlights:\n\n+ Once in a lifetime oppor tunity to acquire a significant freehold retail investment on Sorrento's t ightly held main strip\, offered to the market for the first time in over 40 years.\n+ Two recently renewed leases underpin secure holding income: T hirsty Camel (105) renewed to November 2030 with one Five (5) year option remaining\, and Ghanda (107-109) secured to 2030 with no further options.\ n+ Ghanda: One of Australia's largest 100% Australian-owned clothing brand s\, trading from 114 stores nationally\, with 485+ employees.\n+ Thirsty C amel: A national liquor retail banner trading from 375+ stores across Aust ralia\, backed by ASX-listed Metcash (ASX: MTS).\n+ Land Rich 628sqm* Comm ercial 1 Zoned (C1Z) freehold site with rare 18m* frontage on Sorrento's i conic Ocean Beach Road\, complemented by rear laneway access and 10 car pa rking spaces on-title.\n+ Short to medium term upside\, with scope to easi ly reconvert the three existing shops back into three separate tenancies\, and even separately title each property as they were prior to the owner c onsolidating.\n+ Double brick construction lends strong structural support for the addition of residential apartments above (STCA)\, capitalising on Sorrento's tightly held village character and premium coastal land values .\n+ The Portsea/Sorrento catchment is one of Australia's wealthiest\, wit h residents reporting an average taxable income of $321\,988 in FY23/24 (A TO)\, underscoring the exceptional spending power of the immediate area.\n + Mornington Peninsula Shire: one of Victoria's premier holiday destinatio ns\, renowned for its pristine beaches\, world-class wineries\, natural ho t springs\, and charming coastal towns that attract roughly 7.95 million v isitors annually and contribute $1.75 billion in direct expenditure.\n+ So rrento remains one of the most tightly held coastal markets in the country \, with only three transactions recorded on the strip since 2024.\n+ Net i ncome: $149\,349 pa* + GST.\n\nTo be sold via Public On-Site Auction\n11:0 0am (AEST) Saturday 12th September 2026\n\nPlease contact the exclusively appointed sales team for more information.\n\nJustin Kramersh\n0460 349 60 5\nJustin.Kramersh@cbre.com\n\nRick Jacobson\n0413 830 083\nRick.Jacobson@ cbre.com\n\nNathan Mufale\n0421 224 354\nNathan.Mufale@cbre.com\n\nScott H awthorne\n0400 861 048\nScott.Hawthorne@cbre.com\n\n*Approx DTEND:20260912T120000 DTSTAMP:20260807T081912Z DTSTART:20260912T110000 LOCATION:105-109 Ocean Beach Road\, Sorrento VIC SEQUENCE:0 SUMMARY:Auction: 105-109 Ocean Beach Road\, Sorrento VIC UID:CRE-2021057953-Auction X-ALT-DESC;FMTTYPE=text/html:

Generational Sorrento Freehold Invest ment | First Time Offered in 40+ Years!
CBRE is proud to present to the market 105-109 Ocean Beach Road\, Sorrento VIC\, a generational f reehold investment in one of Australia's most prestigious and tightly held coastal retail strips\, offered to the market for the first time in over 40 years.

This opportunity has the following key investment highlights:

+ Once in a lifetime opportunity to acquire a sig nificant freehold retail investment on Sorrento's tightly held main strip\ , offered to the market for the first time in over 40 years.
+ Two r ecently renewed leases underpin secure holding income: Thirsty Camel (105) renewed to November 2030 with one Five (5) year option remaining\, and Gh anda (107-109) secured to 2030 with no further options.
+ Ghanda: On e of Australia's largest 100% Australian-owned clothing brands\, trading f rom 114 stores nationally\, with 485+ employees.
+ Thirsty Camel: A national liquor retail banner trading from 375+ stores across Australia\, backed by ASX-listed Metcash (ASX: MTS).
+ Land Rich 628sqm* Commerc ial 1 Zoned (C1Z) freehold site with rare 18m* frontage on Sorrento's icon ic Ocean Beach Road\, complemented by rear laneway access and 10 car parki ng spaces on-title.
+ Short to medium term upside\, with scope to ea sily reconvert the three existing shops back into three separate tenancies \, and even separately title each property as they were prior to the owner consolidating.
+ Double brick construction lends strong structural support for the addition of residential apartments above (STCA)\, capitali sing on Sorrento's tightly held village character and premium coastal land values.
+ The Portsea/Sorrento catchment is one of Australia's weal thiest\, with residents reporting an average taxable income of $321\,988 i n FY23/24 (ATO)\, underscoring the exceptional spending power of the immed iate area.
+ Mornington Peninsula Shire: one of Victoria's premier h oliday destinations\, renowned for its pristine beaches\, world-class wine ries\, natural hot springs\, and charming coastal towns that attract rough ly 7.95 million visitors annually and contribute $1.75 billion in direct e xpenditure.
+ Sorrento remains one of the most tightly held coastal markets in the country\, with only three transactions recorded on the stri p since 2024.
+ Net income: $149\,349 pa* + GST.

To be sold via Public On-Site Auction
11:00am (AEST) Saturday 12th Septemb er 2026

Please contact the exclusively appointed sales team f or more information.

Justin Kramersh
0460 349 605
Justin.Kramersh@cbre.com

Rick Jacobson
0413 830 083 Rick.Jacobson@cbre.com

Nathan Mufale
0421 224 354 < br/> Nathan.Mufale@cbre.com

Scott Hawthorne
0400 861 04 8
Scott.Hawthorne@cbre.com

*Approx

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