18/234-238 Ocean Beach Road, Sorrento, VIC 3943 | Property Value & History | OnTheHouse
OFF MARKET

18/234-238 Ocean Beach Road
Sorrento VIC 3943

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 50m2
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Property Details for 18/234-238 Ocean Beach Rd, Sorrento

18/234-238 Ocean Beach Rd, Sorrento is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 50m2 and floor size of 53m2.

Building Type
Unit
Year Built
2003
Floor Size
53m2
Land Size
50m2
Local Government
Mornington Peninsula

Last Listing description (June 2025)

Coastal escape with lucrative earnings

Spectacularly situated with footsteps of Sorrento Ocean Beach and a short walk to the historic town's boutique shopping and endless eateries, this adorable one bedroom loft apartment offers the epitome of seaside serenity and vibrant coastal living.

Secure within the Oceanic Apartment complex which directly abuts the ocean reserve, the sunny north-side unit emanates a relaxed beachy ambience with an open plan layout flowing out to front and rear courtyards, as well as giving easy access to a neighbouring communal courtyard and BBQ facilities.

Currently thriving on the short-stay holiday rental market, this always in demand accommodation yielded approximately $65,000 last year - allowing it to potentially fund itself in between your own coastal escapes less than 90 minutes from Melbourne.

The cosy living area with library shelving is complemented by a compact modern kitchen with induction cooktop and washing machine, while all furniture and bedding is negotiable in the sale, allowing you to move in or start renting out immediately.

Glass doors open to a private alfresco terrace, which provides the perfect setting for sunset cocktails before strolling to dinner in Sorrento town centre just 450m away, while the second private courtyard ensures ample room to unwind, whether on sun lounges or around an alfresco dining setting.

Upstairs, a spacious bedroom offers fabulous space for a king bed, two singles and a large flat screen TV, while the bathroom has a walk-in shower and other features include split-system heating and air-conditioning and a parking space.

With rock pools 200m from your door and the glassy bay beach around a 15 minute walk away, you can leave the car parked in the complex and stroll to everything. For lifestyle lovers, endless coastal spoils are surrounding, including golf courses, surf breaks, hot springs and yachting facilities, as well as the Queenscliff ferry.

Available on a 300 year lease that expires in 2304, this move-in ready beachside apartment is waiting to be enjoyed, while low body corporate fees, not exceeding $6,000 per annum cover most outgoings including all rates, services and land taxes.

For further information, please contact Tim Bradler at the Blairgowrie Office on 0400 312 412 or tim.bradler@belleproperty.com

Disclaimer: Whilst every care has been taken in preparing the property information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence

Property History for 18/234-238 Ocean Beach Rd, Sorrento, VIC 3943

A timeline of how this property has performed in the market
  • 12 Mar 2025
    Listed for Sale $575,000
  • 03 Jul 2014
    Listed for Sale $340,000
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About 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 -15.01% decrease in median value, while Units have seen a -14.15% decrease. As at 31 July 2026:

  • The median value for Houses in Sorrento is $1,767,749 while the median value for Units is $870,282.
  • Houses have a median rent of $750 while Units have a median rent of $638.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Sorrento on OnTheHouse. According to Cotality's data, 102 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.