Final stage of Victoria's Martha Cove launched, including boat berths

Final stage of Victoria's Martha Cove launched, including boat berths
Final stage of Victoria's Martha Cove launched, including boat berths

Three Pillars has launched the final stage of Martha Cove, on the Mornington Peninsula.

The launch coincided with the completion of the first Harbourside homes, which include an offer of boat berths.

The Harbourside precinct of the  $650 million 94 hectare development in Safety Beach has sold 175 homes since construction began in July 2013.

The development was previously brought out of receivership by Three Pillars, PPB Advisory and KordaMentha. Three Pillars have been in control of the Harbourside precinct, now launching this fifth stage.

Core Projects, the selling agents for the development, have already sold out the first three stages. A small number of lots remain in stage four, explains Three Pillars director Tom Hoogenbosch.

“The fifth and final stage is one of the last chances to secure a Harbourside Terraces address and a 15% saving on a berth at the estate’s safe boating harbour,” Hoogenbosch said.

“What’s great about this release is that, despite being the final stage, we’ve held onto some of the best floor plans and saved them until last.”

The properties released in this stage are 31 townhouses, ranging from 156 square metres to 187 square metres, over two- or three-storeys with three or more bedrooms. They include double garages and balconies.

Under an exclusive arrangement, they have been designed by Malcolm Elliott Architects and built by Edgepoint with six-star energy ratings, communal pools and barbecue areas, back to base security and landscape gardens.

They are priced from $449,000 to $519,000.

Jennifer Duke

Jennifer Duke

Jennifer Duke was a property writer at Property Observer

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New Developments

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