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CBRE - Melbourne

174 Ocean Beach Road Sorrento, VIC 3943

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174 Ocean Beach Road,
Sorrento, VIC 3943

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CBRE - Melbourne
Jing Jun Heng
Nathan Mufale

CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - Melbourne
174 Ocean Beach Road
Sorrento, VIC 3943

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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 ID: 503454738Last Updated: 30 Nov 2023

CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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