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Off Market

5237 Island Drive

Safety Beach VIC 3936

Land
Peter HarleyPeter Harley, last sold this property on 08 June 2026 after 80 days on market.

Overview

Invest in Owning a 12m Freehold Marina Berth

This is a low maintenance potential investment opportunity. Either that or you and your mates are just tired of lining up at the boat ramp before sunrise and planning your day around launch times, this is your opportunity to make the leisure boating dream a reality. Positioned in the highly sought-after Hidden Harbour Marina, this 12-metre berth offers genuine freehold ownership - not leasehold. That means your own Certificate of Title, long-term security and complete control over your boating lifestyle. With your vessel already in the water, spontaneous afternoons on the Bay and relaxed weekend departures become the norm - no queues, no ramp stress, no wasted time. Importantly, the berth is currently on lease with approximately three months remaining. The incoming owner will inherit this agreement, providing immediate income from settlement, with the berth becoming available for your own use just prior to Spring - perfectly timed for the boating season ahead or negotiate a further term with the existing tenant. Freehold ownership at Hidden Harbour also carries a distinct financial advantage, with approximately half of the annual outgoings contributed by leasehold berth holders. Owners enjoy ample parking, quality amenities and 24-hour security within this well-regarded marina community. Freehold berths on Port Phillip Bay are tightly held and rarely offered. For those currently considering leasehold alternatives - or comparing pricing at Martha Cove - this represents a rare opportunity to secure true ownership in a premium marina setting.

Features

Land

Estimated Value

Based on this property and similar land plots sold in Safety Beach over the last 12 months, the estimated median property value of 5237 Island Drive is $227k.

Median value
$227k
Estimated value range
$180k - $2.15m
Median days on market
131
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Safety Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5237 Island Drive

2026
Sold
Undisclosed
08 Jun 2026 by Peter Harley, of Danckert Real Estate

Happy sellers in Safety Beach

80%
80% of sellers in Safety Beach reported that their sale price either exceeded or met their price expectations.

Safety Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 45 reviews in Safety Beach over the last 12 months.

Local market activity for land plots in Safety Beach

In the last 12 months, 15 land plots similar to 5237 Island Drive, have been sold.

This represents a 55% decrease in land plots sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Safety Beach

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Matt Carroll

Matt Carroll is an award winning recommended agent for Safety Beach.  They have 42 local sales and collected 30 local reviews across the last 12 months.

  •   5   (162 reviews)
  •  30 Reviews in Safety Beach
  •  42 Sales in Safety Beach
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Grant O'Brien

Grant O'Brien is a recommended agent for Safety Beach.  They have collected 23 local reviews across the last 12 months.

  •   4.9   (25 reviews)
  •  23 Reviews in Safety Beach
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Jarrod Eastwood

Sellers who recommend Jarrod Eastwood have praised them for being clear communication, local expert, responsive, friendly, honest, pleasant and supportive

  •   4.8   (311 reviews)
  •  7 Reviews in Safety Beach
  •  21 Sales in Safety Beach
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Stuart Cox

Sellers who recommend Stuart Cox have praised them for being clear communication, local expert, responsive and stress-free process

  •   4.9   (17 reviews)
  •  6 Reviews in Safety Beach
  •  7 Sales in Safety Beach
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