‘Sorrento Lodge’ - 2,893 sqm Residential Development Opportunity in Sorrento’s Main Street

1 bedroom
1 bathroom
7 parking
2,893m² approx land area
Sold

EXTENDED SETTLEMENT TERMS AVAILABLE!

Options aplenty with this substantial 33 room aged care facility with current planning permit for substantial expansion to car parking and facilities or alternatively other potential uses that may include retirement apartment living, medical centre, motel, childcare or education facility etc (STCA).

In the heart of Sorrento and surrounded by many of the district's finest homes, this premier residential land holding could also be subdivided to make way for a number of luxury residential homes (STCA).

Secure tenant paying $336,870 pa on lease until August 2022 OR Vacant Possession can be made available earlier by agreement.

Zoning: General Residential Zone 1

Early stage schemes from Ewert Leaf are available on request detailing:

Aged Care – 68 Beds Retirement Living – 26 Retirement Apartments
Proudly marketed by the team at Peninsula Sotheby’s International Realty.


Amenities

Independent Schools

St Joseph's School
Primary
K-6
Only non-government schools within a 3km radius of this property are listed. Source: Acara Australian Schools List

Location Map

Agents

Rob Curtain
Rob Curtain Co-owner Mebourne Sotheby's International Realty
Patrick Sinn
Patrick Sinn Officer in Effective Control - Flinders

Property Information

  • Land area approx 2893.0sqm

Property Features

  • Carports 7

This property was sold by

Suite 5, Level 1 119 -125 Ocean Beach Road Sorrento VIC 3943
Rob Curtain

Rob Curtain

Co-owner Mebourne Sotheby's International Realty
Patrick Sinn

Patrick Sinn

Officer in Effective Control - Flinders

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