Over half an Acre of prime land (near level block) with great water views. And is positioned on the top of the hill. No risk of flooding, some web sites opposing the Martha cove marina development suggest that flooding is a considerable issue for the Martha cove development. The following site suggests that a flood has already occurred cased by high rain fall and a king tide. They have council feedback on what happened during the flooding on safety beach. The site also contains some images of the flooding. 

See this link for further details. 

http://www.baddevelopers.green.net.au/Docs/Martha_Cove_Safety_Beach.htm

Another risk that a low lying coastal property faces is rising sea levels which may be a major consideration especially when you consider recent media relating to floating Ice bergs and melting icebergs which are breaking up in the Antarctic sea.  Films like "the day after tomorrow" highlight scientific opinion, which may suggest that some of the risks are real.  

Many low lying coastal areas such as Surfers paradise have had high sea level scares caused by Freak king tides.

In some coastal communities some landowners are at risk of loosing coastal property due to land erosion caused by rising seas, king tides storms etc.

It appears as if land and home packages at Martha Cove are well over the million plus mark, it seems that similar developments in Queensland are cheaper.

We have a parcel of land and is only minutes away from the proposed Mt Martha Marina. The purchaser can build a swimming pool, tennis court and still be able to take a boat out in the bay within minutes. 

You do not need to live on a small block! 

It is close enough to enjoy the rewards and far enough away to avoid to much people traffic noise potential flood risks etc.

It seems as if Martha Cove Marina development is well on the way, just driving on the esplanade from Mt Martha to Safety beach visitors can see that the first stage is complete.  

Many people believe that this area is the most beautiful part of the bay and the addition of Martha cove will significantly increase the natural and improved beauty of this region, it is also fair to say that the development will increase pollution in the water (within the marina) , and it will increase noise in the area.   Living on the Mt Martha hill should protect people from this.  

In order to enjoy the Port Phillip bay and all the benefits that come with it without the risk of flooding, tides, etc why not consider purchasing land on Mt Martha, which is well above sea level! 

Headland waters development stage 3 is metres away from this block and blocks half the size are priced at over $600000