111/16 Holdfast PromenadeGlenelg SA 5045
Property Details for 111/16 Holdfast Prom, Glenelg
111/16 Holdfast Prom, Glenelg is a 1 bedroom, 1 bathroom Other with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Other sold in Glenelg in the last 12 months.
Last Listing description (August 2024)
Perfectly situated in one of Adelaide's premier coastal suburbs, this pristine apartment caters to the aspirations of both first-time homebuyers seeking an enviable lifestyle and astute investors exploring short or long-term opportunities. Positioned along the esteemed Glenelg Esplanade, offering captivating views of the coastline, this residence epitomizes effortless, lock-and-leave apartment living at its finest.
Currently leased as holiday accommodation, it promises lucrative annual returns. Delight in the steady income stream year-round, all while unwinding on your private balcony, basking in the splendor of the sunset.
Key Features:
- Open plan living/dining area opening to the private balcony
- Gourmet kitchen complete with quality appliances, granite benchtops and dishwasher
- One large bedroom with built-in robe
- Master bedroom features two-way bathroom complete with shower, bath, toilet and vanity
- Neat & tidy private balcony with stunning ocean views
- Full size lock up storage room
- Secure undercover car park
- Reverse cycle air conditioning
- Secure complex with swipe card entry and intercom system
- Pool, sauna and spa access
- Gym facilities access
Ideally located within walking distance of all the lifestyle pleasures Glenelg has to offer; waterfront shopping and five-star dining on the marina, over 200 specialty shops on Jetty Road and of course the white sandy Glenelg Beach on your doorstep. This is a lucrative investment & dream lifestyle opportunity in one of Adelaide's premier coastal suburbs.
Outgoings
Strata Admin / $1,749 PQ
Strata Sinking / $87.00 PQ
Council Rates / $275.00 PQ
ESL Rates / $112.70 PA
Water Sewer / $75.85 PQ
Water Supply / $70.80 PQ
Property History for 111/16 Holdfast Prom, Glenelg, SA 5045
- 21 Oct 2024Sold for $650,000
- 29 Apr 2024Listed for Sale Contact Agent
- 09 Nov 2008Listed for Sale $380,000
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About Glenelg 5045
The size of Glenelg is approximately 1 square kilometres. It has 5 parks covering nearly 6.3% of total area. The population of Glenelg in 2011 was 3,447 people. By 2016 the population was 3,345 showing a population decline of 3.0% in the area during that time. The predominant age group in Glenelg is 60-69 years. Households in Glenelg are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glenelg work in a professional occupation. In 2011, 46.5% of the homes in Glenelg were owner-occupied compared with 49.3% in 2016.
Glenelg has 3,419 properties. Over the last 5 years, Houses in Glenelg have seen a 94.45% increase in median value, while Units have seen a 69.71% increase. As at 30 September 2024:
- The median value for Houses in Glenelg is $1,851,464 while the median value for Units is $725,903.
- Houses have a median rent of $650 while Units have a median rent of $550.
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