| | | | | | Distressed Property of the Week
5/16 Constitution Hill Road, Sorrento, VIC 3943
 Today's distressed property of the week is not your typical distressed property. This rare gem overlooks Port Phillip Bay, and is within close walking distance from local shops, ferry, cafes and more. Sorrento is approximately 1.5 hours outside of Melbourne CBD by car and has one main ferry line, to and from Queenscliff.
The property first came onto the market back in July 2015 with a price tag of $1,295,000. Earlier this month, the price dropped to $995,000, a massive $300,000 off the original asking price!!!
The property is single leveled with three generous sized bedrooms (two with BIR), one bathroom and accomodation for up to two vehicles. The combined dining and living area overlook the charming gardens which include a convenient elevated terrace for entertaining guests and taking in the stunning view. Bonus features include storage room, split heating/air conditioning and convenient side gate street access.
As previously suggested, this is not your typical distressed property. It's price tag is well above your typical Victorian three bedder. However, its not everyday you see a property that has been drastically reduced with a location and water views this good!To get your hands on other distressed properties for sale like this one - check out our Distressed Properties Report HERE. |
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