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Overview
This remarkable property in Sorrento offers a unique confluence of residential and commercial opportunity on a substantial 1299 square metre corner allotment. Positioned directly opposite the picturesque foreshore and beach and nestled between the Sorrento Sailing Couta Boat Club and the township village, it boasts an enviable location rarely available on the beach road.
The site amalgamates the original family home operating under nonconforming use status alongside Sorrento's most popular restaurant, presenting a dynamic blend of lifestyle and business potential. Complementing these is a modern self-contained first-floor holiday apartment added recently, offering additional accommodation and privacy.
An adjoining separate, free-standing holiday cottage further enhances the property's versatility, creating a private family compound ideal for those seeking extensive living options and the benefits of multiple dwellings in one prime setting.
This property particularly suits those seeking a distinctive investment or lifestyle opportunity in a prized coastal locale, where the harmonious mix of residential comfort and commercial viability meets the compelling draw of seaside living.
Local Market Insights
In Sorrento, Quiet Listings observed 6 new houses entering the market over the last 30 days, down from 11 during the previous 30-day period, with an average advertised asking price of $2,816,667. The property type mix of listed properties is predominantly Houses at 70%, followed by land (30%). Buxton Real Estate Group was the most active agency in this area, representing 33.3% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Sorrento VIC 3943
Market Insights for Sorrento VIC 3943
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