<ul>
	<li>
	Unique lightwell breezeway to every home. Open your front door to enjoy cross-ventilation throughout your apartment in a secure way.
	</li>
	<li>
	Wolveridge Architects have been primarily recognised for recreational lifestyle homes most commonly associated with the beach.
	</li>
	<li>
	Basement carpark with internal lift access
	</li>
	<li>
	Lockable basement storage options.
	</li>
	<li>
	Raised Level at the Martha Cove's "gatehouse" location, with Mount Martha and Red Hill Views
	</li>
	<li>
	Modern Kitchen with Fisher and Paykel Appliances, Undermount Sink, Engineered Stone Benchtops and 2pac Joinery
	</li>
	<li>
	Double Glazed Windows &amp; Sliding Doors
	</li>
	<li>
	Coastal Oak Timber Flooring to Living and Kitchen, 100% Wool Carpet to bedrooms, Artedomus + Cerdomus Designer Tiles and Pavers, Brushed Nickel Fixtures and Fittings
	</li>
	<li>
	Concrete construction by Figurehead Construction further emphasises the quality of Osprey; an industry-leading builder with a reputation for delivering outcomes of exceptional quality.
	</li>
</ul>

An award-winning collaboration between Figurehead Group and Wolveridge Architects–Osprey, Martha Cove pioneers beach house inspired residence design in Martha Cove. 
 
The Martha Cove Marina community is one of the Peninsula’s best-kept secrets. Renowned venue Martha’s Table is a close walk, featuring a restaurant, bar, café and grocer and cellar door and highlights some of the region’s best farmers, producers and wineries with uninterrupted views of the marina turquoise waters. 
 
A home far away from the city. It’s a place to kick off sandy shoes on the breezeway paved floor, leave the front door open and let the fresh air in. 
 
Wolveridge Architects (known for their Peninsula beach homes) have designed Osprey apartments to enjoy a generosity of natural light and air completely unexpected in an apartment. Each home is entered via a special ‘lightwell breezeway’ entry to provide a crossflow of fresh air–at the same time preserving security. 
 
Reimagined as a series of coastal homes, the interior of Osprey residences reflects a sense of warmth and timeless restraint. Stark white finishes are thereby replaced with eggshell tones of light cream for a neutral textured palette. Details and materials such as cover batten wall linings, accents of hardwood timber and pale green internalise what is typically seen on the outside of a building. A return to simple coastal living with airy light filled internal spaces— unfussy, yet refined.

<ul><li>
	Unique lightwell breezeway to every home. Open your front door to enjoy cross-ventilation throughout your apartment in a secure way.
	</li>
	<li>
	Wolveridge Architects have been primarily recognised for recreational lifestyle homes most commonly associated with the beach.
	</li>
	<li>
	Basement carpark with internal lift access
	</li>
	<li>
	Lockable basement storage options.
	</li>
	<li>
	Raised Level at the Martha Cove's "gatehouse" location, with Mount Martha and Red Hill Views
	</li>
	<li>
	Modern Kitchen with Fisher and Paykel Appliances, Undermount Sink, Engineered Stone Benchtops and 2pac Joinery
	</li>
	<li>
	Double Glazed Windows &amp; Sliding Doors
	</li>
	<li>
	Coastal Oak Timber Flooring to Living and Kitchen, 100% Wool Carpet to bedrooms, Artedomus + Cerdomus Designer Tiles and Pavers, Brushed Nickel Fixtures and Fittings
	</li>
	<li>
	Concrete construction by Figurehead Construction further emphasises the quality of Osprey; an industry-leading builder with a reputation for delivering outcomes of exceptional quality.
	</li>
</ul>An award-winning collaboration between Figurehead Group and Wolveridge Architects–Osprey, Martha Cove pioneers beach house inspired residence design in Martha Cove. 
The Martha Cove Marina community is one of the Peninsula’s best-kept secrets. Renowned venue Martha’s Table is a close walk, featuring a restaurant, bar, café and grocer and cellar door and highlights some of the region’s best farmers, producers and wineries with uninterrupted views of the marina turquoise waters. 
A home far away from the city. It’s a place to kick off sandy shoes on the breezeway paved floor, leave the front door open and let the fresh air in. 
Wolveridge Architects (known for their Peninsula beach homes) have designed Osprey apartments to enjoy a generosity of natural light and air completely unexpected in an apartment. Each home is entered via a special ‘lightwell breezeway’ entry to provide a crossflow of fresh air–at the same time preserving security. 
Reimagined as a series of coastal homes, the interior of Osprey residences reflects a sense of warmth and timeless restraint. Stark white finishes are thereby replaced with eggshell tones of light cream for a neutral textured palette. Details and materials such as cover batten wall linings, accents of hardwood timber and pale green internalise what is typically seen on the outside of a building. A return to simple coastal living with airy light filled internal spaces— unfussy, yet refined.

An award-winning collaboration of thoughtfully designed apartments that embody the essence of coastal living. Nestled within the vibrant Martha Cove Marina on the Mornington Peninsula, Osprey offers a selection of two and three-bedroom apartments that cater to both relaxation and modern convenience. Each residence is a testament to exquisite design and meticulous craftsmanship, providing an unparalleled living experience on the serene shores of Port Phillip Bay.

Exceptional Interiors with Premium Fixtures and Fittings
Step inside Osprey, and you'll be greeted by interiors that exude sophistication and comfort. Wolveridge Architects have masterfully crafted each apartment to maximise natural light and airflow, creating bright and airy spaces that enhance your living experience. The open-plan layouts are designed for seamless integration of indoor and outdoor living, with expansive windows framing picturesque views.

High-quality fixtures and fittings adorn every corner of these residences. The kitchens feature state-of-the-art appliances, stone benchtops, and custom joinery, ensuring both functionality and style. The bathrooms are havens of relaxation, equipped with premium fixtures, elegant tiling, and ample storage. Attention to detail is evident in every aspect, from the sleek tapware to the refined finishes that add a touch of luxury to everyday living.

Resort-Style Living Experience
Living at Osprey means enjoying a range of onsite amenities designed to enhance your lifestyle. Residents have access to beautifully landscaped communal areas, perfect for social gatherings or quiet relaxation. The secure parking and storage facilities provide convenience and peace of mind, while the thoughtful inclusion of breezeway entries ensures a crossflow of fresh air throughout the building, enhancing both comfort and security.

Proximity to Local Amenities and Natural Attractions
Osprey’s prime location within Martha Cove Marina places you at the heart of Safety Beach’s vibrant community. A short stroll will take you to Martha’s Table, a renowned venue offering a restaurant, bar, café, grocery, and cellar door. Here, you can savour the best of the region's produce while enjoying uninterrupted views of the marina's turquoise waters.

Safety Beach offers easy access to a plethora of recreational facilities, including pristine beaches, golf courses, and scenic walking trails. The area is also well-serviced by public transport and major arterial roads, ensuring seamless connectivity to Melbourne and beyond. Educational institutions, shopping precincts, and healthcare facilities are all within easy reach, making Osprey an ideal choice for families and professionals alike.

The Team Behind Osprey
Osprey is the result of a collaboration between Wolveridge Architects and Figurehead Group, bringing together their expertise in design and construction to create a landmark development. Wolveridge Architects are renowned for their recreational lifestyle projects, particularly those associated with beachside living. Their design philosophy emphasises passive design principles and a deep connection to the site, ensuring each residence at Osprey is both beautiful and functional.

Figurehead Group, the builder and developer of Osprey, is known for their commitment to quality and excellence. Their experience in constructing high-end residential developments and their dedication to delivering exceptional outcomes are evident in every aspect of Osprey. This partnership has resulted in a development that not only meets but exceeds expectations, providing residents with a superior living environment.

Osprey, Safety Beach - 15 Martha Cove Boulevard, Safety Beach

Nestled within the Martha Cove marina community, <a href="https://www.urban.com.au/developers/figurehead">Figurehead Group</a>’s Osprey development is a collection of 18 luxury coastal apartments that perfectly blend architectural elegance with its scenic surroundings.&nbsp;

[smartcode_project:default project_id=138447 project_image_fid=290648]

The multi-award-winning developer recently completed <a href="https://www.urban.com.au/buildings/osprey-safety-beach-15-martha-cove-boulevard-safety-beach">Osprey</a>, which was honoured with the Urban Developer’s Development of the Year award.&nbsp;

We recently toured the completed apartment with <a href="https://www.urban.com.au/project-marketer/projects-by-buxton">Projects by Buxton</a> director, Heath Thompson.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/dCCTNwG1VUU?si=dN3KMFSQnXQgmlxA" title="YouTube video player" width="560"></iframe>

Designed by <a href="https://www.urban.com.au/architects/wolveridge-architects">Wolveridge Architects</a>, the two and three-bedroom apartments are inspired by the marina setting, with curved architectural details capturing the essence of the coastal location.&nbsp;

The curved facades flow into the interiors, providing uninterrupted views of the marina both from inside the apartments and on the spacious balconies.

Entry to each residence is through a central lightwell breezeway, emphasising the indoor-outdoor design concept.&nbsp;

[smartcode_project:default project_id=138447 project_image_fid=290632]

Located less than 200 metres from the vibrant Martha Cove marina, residents can enjoy quick access to Martha's Table, the local café, wine bar, and Mediterranean restaurant that serves as a hub for the community.&nbsp;

Osprey’s proximity to <a href="https://www.urban.com.au/developments/safety-beach-vic-3936">Safety Beach</a> and the wider Mornington Peninsula further enhances its appeal, offering a blend of seaside living and easy access to surrounding attractions.

Osprey apartments are now complete and ready for new residents to move in.

[smartcode_project_cta:default project_id=138447]

Designed by Wolveridge Architects, Osprey's two and three-bedroom apartments are inspired by the marina setting, with curved architectural details capturing the essence of the coastal location. 

Joel Robinson

Inside Figurehead’s Osprey in Safety Beach: Urban’s completed apartment tour

Melbourne's soft property market continued over September, but there's better news for units than their is for houses.

Unit values did grow, a modest 0.1 per cent in contrast to house values, which declined -0.2 per cent, CoreLogic's Monthly Index showed.

Unit values are however -0.5 per cent down over the September quarter and -1.6 per cent down so far in 2024.

Units generally are performing better than houses across the country, with six of the eight capitals seeing unit values rise by more than house values over the quarter.

The median value of units in Melbourne now sits at $612,000.

<h2>What happened in Melbourne's off the plan apartment market in September</h2>

Confidence is building Melbourne's off the plan apartment market, with September being marked with several exciting developments and project launches from&nbsp;<a href="https://www.urban.com.au/developments/hawthorn-vic">Hawthorn</a>&nbsp;and&nbsp;<a href="https://www.urban.com.au/developments/south-melbourne-vic-3205">South Melbourne</a>&nbsp;and&nbsp;as far as Safety Beach on the Mornington Peninsula.

Milieu announced it saw a strong response at Elsternwick Gardens, its new garden-centric community on the site of the former ABC Studios in Elsternwick.

Their&nbsp;VIP open saw a huge uptake of apartment reservations, to a broad range of buyers.&nbsp;<a href="https://www.urban.com.au/developers/milieu-property" target="">Milieu</a>&nbsp;also had some repeat purchasers attend the opening of the display suite.

[smartcode_project:default project_id=136535 project_image_fid=288414]

<a href="https://www.urban.com.au/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick">Elsternwick Gardens</a>&nbsp;has attracted strong interest due to several unrepeatable components, none more obvious than the location of the prime 11,740 sqm site which neighbours the historic Rippon Lea Estate.

Read more:&nbsp;<a href="https://www.urban.com.au/news/vic/milieus-elsternwick-gardens-development-gains-momentum-following-successful-vip-launch">Milieu's Elsternwick Gardens development gains momentum following successful VIP launch</a>

In keeping with new nature-focused neighbourhoods, <a href="https://www.urban.com.au/developers/hamton">Hamton Property Group</a>&nbsp;secured approval for their latest precinct-style&nbsp;residential project in Hawthorn.&nbsp;

Located on a former University of Melbourne site, the development will feature a new garden community comprising 365 residences across six low-rise buildings.

<img alt="Hamton given green light for $550 million masterplan on former University of Melbourne site in Hawthorn" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-09-17%20at%2011.49.20%E2%80%AFAM.png?VersionId=EqNeBmCmWGGH9ZC.m.hDEWFKAqm7ku44" />

The development includes a mix of apartments and townhouses, along with 5,500 sqm of publicly accessible green space and a new retail village.&nbsp;

The project is set to significantly transform the Hawthorn landscape and is one of the largest to be approved under the Allan government’s accelerated Development Facilitation Program.

Read more: <a href="https://www.urban.com.au/news/vic/hamton-given-green-light-for-550-million-masterplan-on-former-university-of-melbourne-site-in-hawthorn">Hamton given green light for $550 million masterplan on former University of Melbourne site in Hawthorn</a>

Golden Age Group also saw their luxury Bayside townhouse development approved, located on the site of the former&nbsp;Xavier Junior School site at 47 South Road, Brighton.

This 3.3-hectare site will be subdivided into 14 individual lots, with plans to deliver 84 new homes.&nbsp;

<img alt="Victorian Planning Minister approves Golden Age townhouse development in Brighton" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-09-02%20at%207.14.13%E2%80%AFPM.png?VersionId=5yrzKwa4OkgQTkTzldccdS_fw7rr.LYP" />

The development is expected to provide much-needed housing in the area, contributing to both economic growth and community development.&nbsp;

<a href="https://www.urban.com.au/developers/golden-age-group" target="">Golden Age Group</a>'s director, Damien Hehir, emphasised the importance of this project in the continued expansion of Brighton's housing market.

Read more:&nbsp;<a href="https://www.urban.com.au/news/vic/victorian-planning-minister-approves-golden-age-townhouse-development-in-brighton">Victorian Planning Minister approves Golden Age townhouse development in Brighton</a>

There was further movement in Brighton in September as developer&nbsp;<a href="https://www.urban.com.au/developers/primeland">Primeland</a>&nbsp;revealed its plans for&nbsp;the former Brighton Savoy Hotel at 150 Esplanade.

The $25 million plans are for a luxury apartment development that will replace the 1900s-built hotel that was first a private residence before becoming a hotel in 1959.

<img alt="First look exclusive: Former Savoy Hotel, Brighton apartment redevelopment revealed" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/150%20Esplanade%20Brighton%20proposal.png?VersionId=IJQdVGfSaap7OybfEXpoM3SWNnJmfMC5" />

The 3,386 sqm corner site at <a href="https://www.urban.com.au/new-apartments/savoy-hotel-150-esplanade-brighton">150 Esplanade</a>, opposite the famous beach, had been owned by the Lee family for 55 years before it was acquired by Primeland as part of its growing $1 billion portfolio which includes assets across hotel, residential, and mixed-use sectors.

The plans by Toorak-based Kennon Architects are for two separate three-level buildings with 14 luxury apartments.

Read more:&nbsp;<a href="https://www.urban.com.au/news/vic/first-look-exclusive-former-savoy-hotel-brighton-apartment-redevelopment-revealed">First look exclusive: Former Savoy Hotel, Brighton apartment redevelopment revealed</a>

Luxury developments and releases too were timed for September.

Developer <a href="https://www.urban.com.au/developers/dcf-property" target="">DCF Property</a> launched First Light, just 30 apartments lcoated in South Melbourne's popular Domain Precinct.

The new tower at 28 Albert Road will be a mixed-use building with luxury apartments sharing the building with an 88-room Nu by YOO Hotel, the brainchild of property entrepreneur John Hitchcox and&nbsp;French industrial architect and designer Philippe Starck.

[smartcode_project:default project_id=2556 project_image_fid=299333]

The collaboration continues in the two ground-floor restaurants. One will be run by acclaimed chef Scott Pickett, from Chancery Lane and Estelle, and the other by restaurateur Jason Lau.

The apartments have been designed by&nbsp;French architect Léo Terrando, whose approach was to blend global design principles with Melbourne's charm, using materials like brushed nickel, charcoal oak and travertine flooring.

Read more:&nbsp;<a href="https://www.urban.com.au/news/vic/inside-first-light-south-melbournes-newest-apartment-development-shaped-by-french-architects-and-celebrated-restaurateurs">Inside First Light: South Melbourne's newest apartment development shaped by French architects and celebrated restaurateurs</a>

Penthouse collections were released in two of Melbourne's newest landmark towers.

<a href="https://www.urban.com.au/developers/osk-property" target="">OSK Property</a>&nbsp;revealed their&nbsp;Penthouse Collection at <a href="https://www.urban.com.au/new-apartments/blvd-at-melbourne-square-19-hoff-boulevard-southbank">BLVD</a>, the latest stage of the massive $3 billion <a href="https://www.urban.com.au/buildings/melbourne-square-93-119-kavanagh-street-southbank">Melbourne Square precinct</a> in <a href="https://www.urban.com.au/developments/southbank-vic-3006">Southbank</a>.&nbsp;

[smartcode_project:default project_id=107714 project_image_fid=211866]

Designed by renowned interior designer David Hicks, the eight penthouses range from 180 sqm to 471 sqm and start at $4.46 million, with one already sold for $6 million.&nbsp;

Hicks' 'East meets West' design theme merges Eastern minimalism with Western luxury, offering unique, high-end living spaces.

Read more:&nbsp;<a href="https://www.urban.com.au/news/vic/luxury-penthouse-collection-by-david-hicks-revealed-at-blvd-southbank">Luxury penthouse collection by David Hicks revealed at BLVD Southbank</a>

R.Corporation also released its penthouses atop&nbsp;<a href="https://www.urban.com.au/buildings/r-iconic-south-melbourne-259-normanby-road-south-melbourne">R.Iconic</a> in South Melbourne. We took a tour of the recently completed building, its significant amenities, and the penthouses on offer.

The open-plan penthouse collection flows seamlessly from the kitchen—featuring Gaggenau appliances, a butler’s pantry, and a stunning marble island bench—into a spacious living area that opens up to a generously-sized balcony with expansive views.

[smartcode_project:default project_id=5234 project_image_fid=298022]

Exclusive to sub-penthouses, penthouses, and townhouses is The Horizon Lounge, offers breathtaking bayside views and a communal kitchen for private gatherings.

&nbsp;

Read more:&nbsp;<a href="https://www.urban.com.au/news/vic/urbans-video-tour-of-r-iconics-luxury-penthouse-collection-in-south-melbourne">Urban's video tour of R.Iconic's luxury penthouse collection in South Melbourne</a>

A rare opportunity also presented itself down on the Mornington Peninsula with the launch of <a href="https://www.urban.com.au/buildings/osprey-safety-beach-15-martha-cove-boulevard-safety-beach">Osprey Safety Beach</a>, and award-winning development by Figurehead Constructions.

Osprey Safety Beach&nbsp;comprises just 18 two and three-bedroom apartments, and are as competitively priced as any new apartment in the burgeoning community.

[smartcode_project:default project_id=138447 project_image_fid=290648]

Projects by Buxton Director Heath Thompson is already seeing demand from several buyer camps.

"Where Osprey is located and the configurations it has on offer, it can suit several uses, which is attracting several different buyer types," Thompson says.

[smartcode_project:default project_id=138447 project_image_fid=290744]

"Local downsizers who either live in the immediate area or those who have large landholdings in some more remote areas of the Mornington Peninsula who want to be closer to the water, have been the most active buyers so far.

"Then there's those from Melbourne who want a lock up and leave, low-maintenance weekender that they can use themselves or lease as a holiday let when not in use."

Confidence is building Melbourne's off the plan apartment market, with September being marked with several exciting developments and project launches from Hawthorn and South Melbourne and as far as Safety Beach on the Mornington Peninsula

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