For Sale
A Sorrento Trophy With Unmatched Possibilities
142-146 Ocean Beach Road, Sorrento VIC
Stonebridge Property Group is pleased to present for sale 142-146 Ocean Beach Road, Sorrento.
The key highlights of the opportunity include:
- Substantial 1,547 sqm* freehold comprising 6 high end apartments, 1 luxury 3-bedroom penthouse and multiple retail components
- Unparalleled future value add potential to sell down 11 separate titles
- Flexible lease structures provide potential site access at the future vendors discretion
- 100% leased to Carmel at Sorrento, Monica Art Gallery, Hunter Lab and Moonah CPM
- Trophy location in the heart of one of Australia’s most affluent catchments and booming tourism location
- Ocean Beach Road – anchored by a myriad of national/international retailers and home to the hugely popular Sorrento Hotel and The Continental Hotel hospitality institutions
- 841 sqm* of underlying land bolstered by 14 secure basement car parks, Commercial 1 zoning and dual site access
- Providing annual passing income of $271,108* + GST with potential for significant growth
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
* Approximately
