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Sold on 06 Sep 2024 - Price Unavailable

20/234-238 Ocean Beach Road
Sorrento VIC 3943

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Sold By
Belle Property Blairgowrie
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Property Details for 20/234-238 Ocean Beach Rd, Sorrento

20/234-238 Ocean Beach Rd, Sorrento is a 1 bedroom, 1 bathroom House. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom House sold in Sorrento in the last 12 months.

Building Type
House
Local Government
Mornington Peninsula

Last Listing description (October 2024)

Coastal escape with lucrative earnings

Spectacularly situated within footsteps to Sorrento Ocean Beach and a short walk to the historic town's exquisite boutique shopping and endless eateries, this adorable one-bedroom loft apartment offers the epitome of seaside serenity and vibrant coastal living.

Secure within the Oceanic Apartment complex which directly abuts the ocean reserve, the sunny north-side unit emanates a relaxed beachy ambience with an open plan flowing out to front and rear courtyards as well as giving easy access to a neighbouring communal courtyard and BBQ facilities.

Currently thriving on Airbnb as 'Oceanic Sorrento Apartment 20' and rated a 'Guest favourite', this always in demand accommodation yields approximately $60K per annum, allowing it to potentially fund itself in between your own coastal escapes just over an hour from Melbourne.

The cosy living area with library shelving is complemented by a compact modern kitchen with induction cooktop and a handy laundry connection, while all furniture and furnishings are negotiable in the sale, allowing you to move in or start renting out immediately.

Glass doors open to a private alfresco terrace, which provides the perfect setting for sunset cocktails before strolling dinner in Sorrento town centre just 450 metres away, while the second private courtyard ensures ample room for ever precious unwinding, whether on sun lounges or around an alfresco dining setting.

Upstairs, a spacious mezzanine level bedroom offers fabulous space for a king bed, two singles, robes and a large TV, while the bathroom with shower/tub combo, split-system heating and air-conditioning and an alfresco shower ensure comfort for owners or holiday makers.

With rock pools 200 metres from your door and the glassy bay beach minutes away, you can leave the car parked in the complex and stroll to everything. For lifestyle lovers, endless coastal spoils are surrounding, including golf courses, surf breaks, hot springs and yachting facilities, as well as the Queenscliff ferry.

Available on a 300-year lease (that expires in 2304!), this move-in ready beachside beauty is waiting to be enjoyed, while the quarterly $1300 body corporate fees cover Wi-Fi, water and land taxes.

To be notified when inspections of this property are available, to be sent a copy of the Contract and advised of property updates, simply submit an enquiry on this page.

Belle Property is proud to be offering this property for sale. For further information, please contact Tim Bradler on 0400 312 412 tim.bradler@belleproperty.com

Disclaimer: Whilst every care has been taken in preparing the property information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Property History for 20/234-238 Ocean Beach Rd, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
06 Sep 2024
  • 06 Sep 2024
    Sold
  • 16 Jul 2024
    Listed for Sale CONTACT AGENT
  • 28 Oct 2016
    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 3,687 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, 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.