5/16 Bay RoadMount Martha VIC 3934
Property Details for 5/16 Bay Rd, Mount Martha
5/16 Bay Rd, Mount Martha is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 653m2 and floor size of 325m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Mount Martha in the last 12 months.
Last Listing description (May 2024)
Welcome to Residence 5 at 16 Bay Road on the verge of Mt Martha Village and South Beach with breathtaking views over Port Phillip Bay towards the Melbourne CBD. Experience a haven of tranquility nestled among the lush, established gardens that were once part of the prestigious Glynt Manor estate. This exquisite 4-bedroom, 2-bathroom residence seamlessly blends modern comfort with timeless elegance, offering a truly remarkable living experience.
Step inside to discover spacious and light-filled interiors, thoughtfully designed to maximize both functionality and style. The open-plan living and dining area create an inviting atmosphere for gatherings, while large windows frame picturesque views of the verdant surroundings, bringing the beauty of nature indoors. The well-appointed kitchen boasts premium appliances and ample storage, perfect for the culinary enthusiast.
Outside, the enchanting gardens provide a serene retreat, where winding pathways lead to hidden corners and peaceful nooks. Whether you're relaxing on the expansive patio, enjoying al fresco dining under the pergola, or unwinding in the shade of towering trees, every moment spent in this idyllic oasis is sure to be cherished. With its coveted location in Mount Martha and rich history intertwined with the esteemed Glynt Manor estate, Residence 5 offers a rare opportunity to embrace a lifestyle of unparalleled luxury and sophistication. Don't miss your chance to make this extraordinary property your own. Contact us today to arrange a private viewing.
Property Specifications
- 653sqm* block
- 325sqm* living
- Large format glazing, vaulted ceilings and generous room proportions
- Elevated views over gardens and vistas across Port Phillip Bay
- Ducted heating, fire place and split system cooling
- Double remote garage with 5m high ceilings
- 100m* to Mt Martha Village
- 250m* to South Beach
*measurements are indicative only
Property History for 5/16 Bay Rd, Mount Martha, VIC 3934
- 15 Nov 2024Listed for Rent $1,400 / week
- 14 May 2024Sold for $2,500,000
- 22 Apr 2024Listed for Sale $2,500,000-$2,750,000
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About Mount Martha 3934
The size of Mount Martha is approximately 30.3 square kilometres. It has 43 parks covering nearly 11.5% of total area. The population of Mount Martha in 2011 was 17,087 people. By 2016 the population was 18,552 showing a population growth of 8.6% in the area during that time. The predominant age group in Mount Martha is 40-49 years. Households in Mount Martha are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Martha work in a professional occupation. In 2011, 83.3% of the homes in Mount Martha were owner-occupied compared with 82.4% in 2016.
Mount Martha has 9,596 properties. Over the last 5 years, Houses in Mount Martha have seen a 38.26% increase in median value, while Units have seen a 23.18% increase. As at 31 October 2024:
- The median value for Houses in Mount Martha is $1,393,145 while the median value for Units is $768,538.
- Houses have a median rent of $755 while Units have a median rent of $620.
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