Dual frontage land holding of 2,601sqm* with dominant exposure to Sorrento's main street as well as substantial rear access
Positioned in the heart of one of Victoria's premier beachside destinations amongst an array of national and boutique retailers. Direct access to Sorrento front beach and major road arterials
Leased to Mitre 10 and O'Brien's Removal & Storage, expiring 2020 with no further options to renew
Highly secure income stream with scope for future rental growth
Unprecedented potential to design and deliver an iconic mixed use project comprising prime retail and high-end residential product (STCA)
FOR SALE BY PUBLIC ON-SITE AUCTION ON SATURDAY 5TH MARCH AT 12:30PM
For more information, please contact the exclusive sales and marketing agents listed below:
Josh Rutman
+61 411 273 746
Rorey James
+61 439 400 081
Mark Wizel
+61 409 809 868
Bianca Butterworth
+61 410 558 126
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 17.58% increase in median value, while Units have seen a 3.71% increase. As at 31 December 2025:
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