SOLD
Sold on 26 May 2024 for $1,220,000

BB101/83 Spinnaker Terrace
Safety Beach VIC 3936

Bedrooms: 3
Bathrooms: -
Car spaces: -
Land area: 78m2
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Property Details for Bb101/83 Spinnaker Tce, Safety Beach

Bb101/83 Spinnaker Tce, Safety Beach is a 3 bedroom, bathroom Unit and was built in 2016. The property has a land size of 78m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Safety Beach in the last 12 months.

Building Type
Unit
Year Built
2016
Land Size
78m2
Local Government
Mornington Peninsula
Lot/Plan
BB101/PS435310

Last Listing description (May 2024)

Set against a romantic backdrop of the main canal and passing sailboats, this luxurious waterfront apartment showcases the ultimate in beachside living and premier positioning in exclusive Martha Cove.

Directly adjacent to the waterway with gated access to the boardwalk from the front deck, the residence is an easy stroll to the beach, sailing club and Martha's Table restaurant, bar, grocer and cellar, while the prestigious gated complex offers a communal heated swimming pool, fully equipped gym, manicured gardens and 24 hour security.

Inside, the airy open design sweeps seamlessly from the front door to the deck, accentuated by high ceilings and abundant natural light that enhance the living and dining zones.

The epicurean kitchen delights with concrete countertops, a breakfast island and a suite of Miele appliances, while expansive banks of sliding glass off the living area open to a generously sized deck with both covered and sun splashed spaces, inviting afternoon charcuterie boards over a glass of local wine as the yachts glide by and the sunset paints the sky.

The luxurious master bedroom, also opening onto the deck, features a walk in robe and marble ensuite. A primary bathroom with tub, shower and separate powder room, ducted heating and cooling, and basement parking are among the inclusions of this breathtaking home, which will appeal to permanent residents, as well as weekenders.

From beachgoers to boating enthusiasts, Martha Cove is nestled amid a haven of coastal treasures, including golden beaches, Provincia Cafe, Dromana Hub, wineries, drive in cinemas, schools and golf courses.

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Property History for Bb101/83 Spinnaker Tce, Safety Beach, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$1,220,000
26 May 2024
  • 27 May 2024
    Listed for Sale CONTACT AGENT
  • 26 May 2024
    Sold for $1,220,000
  • 25 Apr 2019
    Sold for $1,000,000
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About Safety Beach 3936

The size of Safety Beach is approximately 6 square kilometres. It has 23 parks covering nearly 12.2% of total area. The population of Safety Beach in 2011 was 3,517 people. By 2016 the population was 4,824 showing a population growth of 37.2% in the area during that time. The predominant age group in Safety Beach is 60-69 years. Households in Safety Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Safety Beach work in a trades occupation. In 2011, 69.6% of the homes in Safety Beach were owner-occupied compared with 69.8% in 2016.

Safety Beach has 5,057 properties. Over the last 5 years, Houses in Safety Beach have seen a 41.23% increase in median value, while Units have seen a 33.88% increase. As at 30 September 2024:

  • The median value for Houses in Safety Beach is $1,193,877 while the median value for Units is $912,089.
  • Houses have a median rent of $695 while Units have a median rent of $605.
There are currently 58 properties listed for sale, and 5 properties listed for rent in Safety beach on OnTheHouse. According to CoreLogic's data, 179 properties were sold in the past 12 months in Safety beach.

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