OFF MARKET

1/1 Hotham Road
Sorrento VIC 3943

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 83m2
Land area: 170m2
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Last updated 14 Oct 2024
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Property Details for 1/1 Hotham Rd, Sorrento

1/1 Hotham Rd, Sorrento is a 2 bedroom, 1 bathroom Unit and was built in 2003. The property has a land size of 170m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
2003
Floor Size
83m2
Land Size
170m2
Local Government
Mornington Peninsula
Lot/Plan
1/LP60506

Last Listing description (August 2019)

A seaside sanctuary with an unrivalled position directly overlooking the turquoise waters of the bay, this executive two-bedroom apartment steps from the beach offers the ultimate in low-maintenance beachside escapes with views to take your breath away. Cradled within the exclusive Raffles Court complex directly neighbouring the Sorrento Hotel, every seaside spoil is moments from this premium locale, from boutique shopping and art galleries to endless cafes and gourmet restaurants, while the nearby golfing greens, surf breaks and boating facilities are outstanding. Instantly impressive with a luminous open living area encased in a wall of glass perfectly framing the heavenly bay views, the apartment boasts a contemporary stone kitchen and private balcony to enjoy an afternoon wine as the Queenscliff ferry glides by. A sumptuous master, sharing the water views, includes a private ensuite, while the second bedroom beside the main bathroom provides the ideal setup for couples getaways or the lucrative holiday rental market. Including split-system airconditioning, Nobo panel heaters, Bosch dishwasher, two undercover parking spaces and communal storage, this chic beachside beauty is all set to launch your endless summers in the Mornington Peninsula s most elite coastal town.
Luxury apartment in boutique complex

Spectacular bay views & steps to the beach
Short stroll to cafes, galleries, restaurants & boutiques
Luminous open living with balcony & bay views
Modern kitchen with stone tops & Bosch dishwasher
Master with water views & ensuite, plus 2nd bathroom
Lucrative potential for holiday-rental market

Property History for 1/1 Hotham Rd, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$1,400,000
24 Feb 2021
  • 24 Feb 2021
    Sold for $1,400,000
  • 29 May 2019
    Sold for $1,252,000
  • 03 Oct 2018
    Listed for Sale Not Disclosed
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About Sorrento 3943

The size of Sorrento is approximately 7 square kilometres. It has 9 parks covering nearly 32% of total area. The population of Sorrento in 2011 was 1,447 people. By 2016 the population was 1,596 showing a population growth of 10.3% in the area during that time. The predominant age group in Sorrento is 60-69 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 professional occupation. In 2011, 81.1% of the homes in Sorrento were owner-occupied compared with 82.2% in 2016.

Sorrento has 3,685 properties. Over the last 5 years, Houses in Sorrento have seen a 46.10% increase in median value, while Units have seen a 45.36% increase. As at 30 September 2024:

  • The median value for Houses in Sorrento is $1,932,775 while the median value for Units is $1,065,199.
  • Houses have a median rent of $725 while Units have a median rent of $638.
There are currently 13 properties listed for sale, and 5 properties listed for rent in Sorrento on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Sorrento.

Suburb Insights for Sorrento 3943

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.