142-146 Ocean Beach Road, Sorrento

For Sale by Expressions of Interest

Closing Wednesday, 15th December at 3pm

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.

PLEASE NOTE:

* 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.

Put your property with the Leaders of the South East

We’re proud to lease and sell, through auction and private sale, hundreds of commercial and industrial properties annually. Beyond that, our property management services extend across Melbourne, into regional Victoria and interstate. Our quest for innovation, real experience, unmatched database and the fact that we’re the only commercial and industrial agents with offices that stretch from Bayside to Moorabbin, Braeside to Dandenong and Carrum Downs to Mornington Peninsula has made us the Leaders of the South East.

GET IN TOUCH. WE’RE ALWAYS HERE TO HELP