339 Nepean Highway, Mount Martha VIC 3934

Mount Martha acreage | bay & city views | private 5-acre sanctuary | bushfire overlay present This property presents a rare coastal acreage opportunity, offering a private, single-level residence on five acres with bay views just minutes from Mount Martha village. Its scale and positioning between the bay and The Briars create a unique, tranquil setting atypical for the area, best serving a buyer seeking a permanent sanctuary or a low-density lifestyle change. The substantial land holding and six-car capacity provide a fundamental scarcity that underpins long-term value in this sought-after region. The primary decision factor is the bushfire overlay, which imposes specific construction and maintenance obligations, potentially increasing holding costs and complicating future development. The inferred rental yield is low, confirming this as a lifestyle purchase rather than an income investment. Proceed with a clear premium allocated for the land’s exclusivity and engage specialist advice on overlay requirements, holding it as a long-term lifestyle property.