157-163 Ocean Beach Road, Sorrento, VIC 3943

Investment | Retail | Development/Land

Sold Contact Agent

  • Property ID: 265679
  • Floor Area: 300m²
  • Land Area: 554m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 11/03/2017 300m2 554m2 Contact Agent

CBRE Melbourne Strip Retail Investments in conjunction with Jellis Craig is proud to present a prime investment and development opportunity in the heart of Sorrento, one of Victoria’s premier beachside destinations.

We summarise some of the property highlights below:

-Irreplaceable Commercial Zone 1 landholding of 554sqm* on a major corner

-Conveniently serviced by over 200* car spaces

-Strong holding income from two freestanding retail buildings - $103,941 pa* with no further options after 2019

-Potential to create an iconic mixed-use development (STCA) with stunning views over Pioneer Memorial Gardens

For Sale Via Public On-Site Auction at 12:30pm 11th March 2017


For further information please contact the sales and marketing agents.

Rorey James
+61 439 400 081

Bianca Butterworth
+61 410 558 126

Sandro Peluso
+61 418 389 757

Mark Wizel
+61 409 809 868

Jellis Craig:
Hamish Opray
+61 412 426 017

Emil Foller
+61 403 301 097

Additional Information
Sorrento Suburb Profile

Below you will find the average advertised sale price, rent and yield for Sorrento, VIC 3943*

Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $407 ---
Retail --- $571 ---
Industrial --- $208 ---
Agency Details

CBRE Melbourne

Level 34, 8 Exhibition Street, Melbourne, VIC 3000

View Agency Profile

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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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