OFF MARKET

14 Morotai Street
Sorrento VIC 3943

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 107m2
Land area: 697m2
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Last updated 11 Nov 2024
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Property Details for 14 Morotai St, Sorrento

14 Morotai St, Sorrento is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 697m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Year Built
1970
Floor Size
107m2
Land Size
697m2
Local Government
Mornington Peninsula
Lot/Plan
145/LP20556

Last Listing description (June 2021)

Inspect by appointment between advertised times

This original Sorrento classic is set on a prime allotment of 697 sqm just a 300 metre walk to Cameron's Bight Foreshore and the picturesque trails to the Sorrento Sailing Couta Boat Club and Sullivan's Bay and, east, to the Marina and Blairgowrie Village. Alternatively, located at the narrowest point of the Peninsula, the Koonya General Store and the wild back beach are also just a short stroll away.

Filled with character, warmth and retro charm, the main dwelling shouts original beach simplicity, with two light-filled living areas, two bedrooms (including master with WIR), a kitchen with servery, central storage cupboard/study, laundry, bathroom with shower and separate powder room.

The glorious backyard offers a sheltered, sun-filled northern orientation amidst the quiet serenity of a local landscape vista. An outbuilding containing a workshop and self-contained, multi-purpose room offers a rumpus/third living area or potential guest cottage with its own bathroom, separate powder room and laundry facilities.

With two driveways, the address also features a tandem, lock-up garage and separate side entry for secure boat/caravan/vehicle parking.

This exceptional opportunity offers plenty of scope for a creative renovator to renovate or extend. Otherwise, the property perfectly suited to a new residential development capitalising on the tightly held, blue-chip location and extensive building footprint.

Features:
Land size approx. 697 sqm
300m approx. to Cameron's Bight Foreshore
Sun-filled northern orientation
Main dwelling of two bedrooms (inc. master with WIR) and two light-filled living rooms
Self-contained, multi-purpose room offering a rumpus/third living area or potential guest cottage
Two driveways
Tandem lock-up garage
Exceptional opportunity to renovate or redevelop in highly sought-after blue-chip location

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Property History for 14 Morotai St, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$1,570,000
20 Jun 2021
  • 20 Jun 2021
    Sold for $1,570,000
  • 14 May 2021
    Listed for Sale Contact Agent
  • 25 Jan 2020
    Sold for $891,000
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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 3,684 properties. Over the last 5 years, Houses in Sorrento have seen a 43.99% increase in median value, while Units have seen a 27.05% increase. As at 31 October 2024:

  • The median value for Houses in Sorrento is $1,927,085 while the median value for Units is $1,028,225.
  • Houses have a median rent of $725 while Units have a median rent of $638.
There are currently 12 properties listed for sale, and 1 property listed for rent in Sorrento on OnTheHouse. According to CoreLogic's data, 101 properties were sold in the past 12 months in Sorrento.

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