3183 Point Nepean RoadSorrento VIC 3943
Property Details for 3183 Point Nepean Rd, Sorrento
3183 Point Nepean Rd, Sorrento is a 3 bedroom, 3 bathroom House with 6 parking spaces. The property has a land size of 1308m2.
Last Listing description (January 2019)
This is a rare and exciting chance to secure 1299m2 of stunning blue chip residential land with a commercial use permit. Offering an award winning local restaurant, 'Loquat' that has a solid trading record with further growth possible for the astute operator/s. This is coupled with a historic residence and a new self-contained luxury apartment all on a real estate holding with exceptional capital growth.
Let the fun begin what would you do with this one of a kind opportunity? Call this iconic Sorrento restaurant your own? Redevelop this amazing piece of land opposite the bay to create a family home that is second to none? Lease part or all of the premises and enjoy a solid rental return? Transform this already successful venture into a retreat, spa, gallery or a dream of your own?
It is the moments of decision that shape our destiny what will yours be?
Property History for 3183 Point Nepean Rd, Sorrento, VIC 3943
- 02 Feb 2017Listed for Sale Contact Agent
Recent sales nearby
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0About 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.
Suburb Insights for Sorrento 3943
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