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1 Driftwood Court

Mount Martha, VIC 3934, Australia
$1m
3 bed 2 bath 2 car957m²

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Area Price Guide
$940,000$1.06m

Indicative price guide range

🏘️
74
Comparable
📊
$1.10m
Area median
⚖️
-9%
vs median
📐
$1,045
Per m²
📏
957 m²
Land
🗓️
1 week ago
Listed

Property Insights

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About this property

Set on a substantial 957sqm (approx.) corner block with dual frontage to Driftwood Court and Harrap Road, this original three-bedroom brick residence offers a rare opportunity in one of Mount Martha's most tightly held pockets. With its generous land size, flexible layout and highly desirable coastal address, the property appeals to renovators, investors and buyers seeking premium land with genuine long-term upside. The existing single-level home is solidly constructed and provides an excellent foundation for those wishing to renovate, update or hold as a long-term investment. Multiple living zones offer practical everyday functionality, while the spacious kitchen and dining area flow effortlessly to the expansive rear yard and outdoor entertaining area. Accommodation includes a privately positioned master bedroom with ensuite and walk-in robe, two additional bedrooms with built-in robes, a central family bathroom and a double garage with workshop space. Side access adds further versatility for boats, caravans, trailers or future use of the block. For buyers with a longer-term vision, the property offers potential for future redevelopment, STCA. The scale, corner position and dual-access configuration create an exceptional platform for future plans, subject to the necessary approvals and buyer due diligence. Perfectly positioned moments from Bentons Square Shopping Centre, local parks, Osborne Primary School, public transport and Mount Martha's beaches, the location delivers everyday convenience alongside enduring lifestyle appeal. Just minutes to Mount Martha Village, Martha Cove Marina and easy freeway access to Melbourne, this is a compelling opportunity to secure land, location and long-term potential in a blue-chip coastal setting. A secure tenancy is in place until August with immediate holding income, and the current tenants are happy to remain should the purchaser wish to continue leasing the property. Know the DNA of 1 Driftwood Court - download a detailed factual report on construction, materials, layout, and services created by qualified inspectors, ready for your due diligence - https://propertydna.net.au/report/7e61242f-7ba3-4406-ad7f-d526aa17ed77 Disclaimer: All information provided is believed to be accurate at the time of publication; however, prospective purchasers should conduct their own investigations and rely on their own enquiries. Measurements and particulars are approximate. Some images may include virtual furniture staging for illustrative purposes only, with no structural alterations depicted.

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $4,848/month
    $2,424 /fortnight
    Loan $800,000 at 6.10% over 30 years

    Upfront costs

    Deposit$200,000
    Stamp duty$55,000
    Conveyancing (est.)$2,000
    Total upfront$257,000
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    2
    Parking
    2
    Land Area
    957m²
    Listed
    1 week ago

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