Sorrento's Most Prestigious Mixed-Use Investment
Nichols Crowder (Mornington Peninsula) is proud to present Sorrento’s quintessential mixed-use investment opportunity in the heart of Sorrento.
We showcase some of the property key features below:
* Fully tenanted freehold investment (100% occupied)
* Total combined annual income of $382,000 plus GST with annual increases
* Thirteen (13) separate titles to be sold as one
* Luxury residential/commercial building over 5 levels with onsite dedicated carpark
* Seven (7) exquisite self-contained apartments (six-3 bedroom & 2 bathroom plus 3 bedroom & 3 bathroom penthouse) all with expansive balconies
* Apartments are leased and managed by five star rated and QTF accredited operators ‘Carmel at Sorrento’
* Six (6) securely leased commercial tenancies on favourable terms
* Irreplaceable double fronted Commercial 1 Zoned land of 841sqm*
* Incredible position on the Mornington Peninsula’s premier shopping strip Ocean Beach Road, Sorrento
Regarded as the Mornington Peninsula’s most prestigious beachside coastal townships with famed ferry terminal connecting the Peninsula to the Bellarine, this unique mixed-use investment is the crowning jewel of Sorrento.
The property is being sold by way of Expressions of Interest, closing 15th December at 3pm.
Please contact exclusive marketing agents: Jamie Stuart or Josh Monks for further details.
* Inspections are carried out in accordance with strict COVID-19 Directions. For further details contact the Estate Agent.
* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.