174 Ocean Beach RoadSorrento VIC 3943
Property Details for 174 Ocean Beach Rd, Sorrento
Last Listing description (March 2022)
Stonebridge property group is pleased to present for sale 172 - 174 Ocean Beach Road, Sorrento.
- Iconic triple fronted retail investment positioned on the Mornington Peninsulas elitist shopping strip - Ocean Beach Road, Sorrento
- Tenanted by the hugely successful Buckley Cafe & Sorrento Collective
- Buckley is operated by Julien Moussi, the man behind Victoria's largest independent cafe group (Only Hospitality), 20+ cafes/restaurants (throughout Metropolitan Melbourne, Rosebud, Blairgowrie) & the famed Inglewood Coffee Roasters.
- Expansive 412 sqm* triple fronted landholding + 58 m* of street frontage at the gateway to Sorrento, this is truly a first eyes position as visitors enter the popular beachside suburb
- Substantial 294 sqm* mixed use building with untapped future potential to extend/develop STCA - separate access to level 1 allows for individual tenancies
- A perfect & highly strategic retail location with unrivalled exposure to passing traffic, extra wide footpaths (for outdoor seating) & surrounding free council car parking
- Location benefits from a highly affluent local population & swelling 'all year round' tourist visitation bolstered by the major $100m+ redevelopment of The Continental Hotel Sorrento
*Approx.
To obtain further information, please contact the exclusive selling agents, Stonebridge Property Group.
Nic Hage
0448 782 594
Sarah Xi
0468 320 297
Rorey James
0439 400 081
Property Code: 360
Property History for 174 Ocean Beach Rd, Sorrento, VIC 3943
- 05 Mar 2022Sold for $3,350,000
- 28 Jan 2022Listed for Sale Contact Agent
- 07 Mar 2020Sold for $2,805,320
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0About Sorrento 3943
The size of Sorrento is approximately 7.0 square kilometres. There are 9 parks, covering nearly 32.0% of the 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 3,717 properties. Over the last 5 years, Houses in Sorrento have seen a -10.76% decrease in median value, while Units have seen a 0.13% increase. As at 30 June 2026:
- The median value for Houses in Sorrento is $1,771,265 while the median value for Units is $938,556.
- Houses have a median rent of $750 while Units have a median rent of $638.
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