172 Ocean Beach Road, Sorrento, VIC 3943 | Property Value & History | OnTheHouse
OFF MARKET

172 Ocean Beach Road
Sorrento VIC 3943

Bedrooms: -
Bathrooms: -
Car spaces: 4
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Property Details for 172 Ocean Beach Rd, Sorrento

Building Type
Commercial
Local Government
Mornington Peninsula
Lot/Plan
2/LP119672

Last Listing description (November 2020)

Beautiful Retail Shop

This beautifully refurbished retail shop is superbly located on Sorrento's
Main Street, featuring brand new staff and customer amenities as well as a
courtyard at the rear of the property for delivery access or customer enjoyment.

This prominent position is a rare opportunity and one not to be missed.

Key features include:

* Approximately 125 sqm* retail shop
* 50sqm* rear lock up courtyard with blue stone paving
* Bamboo timber floors
* Exposed rafters
* Natural light/large window display
* Heating/cooling
* Available now
* $68,000 PA + GST + outgoings
* Attractive lease package available

For further information or to arrange an inspection, please contact:

Tom Crowder 0438 670 300
Tanya Scagliarini 0438 289 859

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.

Property History for 172 Ocean Beach Rd, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$3,350,000
05 Mar 2022
  • 12 Jun 2020
    Listed for Rent $70,000 PA + GST + Outgoings
  • 13 Nov 2018
    Listed for Sale Not Disclosed
  • 22 Aug 2013
    Listed for Rent - Price not available
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About Sorrento 3943

The size of Sorrento is approximately 7.0 square kilometres. It has 9 parks covering nearly 32.0% of total area. The population of Sorrento in 2016 was 1592 people. By 2021 the population was 2013 showing a population growth of 26.4% in the area during that time. The predominant age group in Sorrento is 70-79 years. Households in Sorrento are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Sorrento work in a managers occupation.In 2021, 83.70% of the homes in Sorrento were owner-occupied compared with 82.20% in 2016.

Sorrento has 3,709 properties. Over the last 5 years, Houses in Sorrento have seen a 14.12% increase in median value, while Units have seen a -3.90% decrease. As at 31 January 2026:

  • The median value for Houses in Sorrento is $1,920,301 while the median value for Units is $834,395.
  • Houses have a median rent of $750 while Units have a median rent of $638.
There are currently 17 properties listed for sale, and 2 properties listed for rent in Sorrento on OnTheHouse. According to Cotality's data, 110 properties were sold in the past 12 months in Sorrento.

Suburb Insights for Sorrento 3943

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.