82 Ocean Beach Road, Sorrento, VIC 3943 | Property Value & History | OnTheHouse
 
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82 Ocean Beach Road
Sorrento VIC 3943

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1217m2
Land area: 1373m2
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Property Details for 82 Ocean Beach Rd, Sorrento

Building Type
Commercial
Floor Size
1217m2
Land Size
1373m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP573170

Last Listing description (October 2023)

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

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Property History for 82 Ocean Beach Rd, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$11,465,000
13 Aug 2016
Listed for Rent
08 Nov 2019
  • 15 Mar 2019
    Listed for Rent - Price not available
  • 29 Nov 2017
    Listed for Rent - Price not available
  • 03 May 2017
    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 17.58% increase in median value, while Units have seen a 3.71% increase. As at 31 December 2025:

  • The median value for Houses in Sorrento is $1,885,606 while the median value for Units is $853,091.
  • Houses have a median rent of $750 while Units have a median rent of $638.
There are currently 18 properties listed for sale, and 2 properties listed for rent in Sorrento on OnTheHouse. According to Cotality's data, 112 properties were sold in the past 12 months in Sorrento.

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