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174 Ocean Beach Road, Sorrento

Sorrento's most valuable freestanding corner retail investment
  • Land Area:
    233 m2
  • Floor Area:
    269 m2
  • Income:
    $100,705.00 + GST
  • Frontage:
    44 m
  • 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

FOR SALE VIA PUBLIC ON-SITE AUCTION ON SATURDAY 7TH MARCH 2020 (LABOUR DAY LONG WEEKEND) AT 11:00AM

*Approx

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