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Sold on 26 Sep 2024 for $810,000

112/27 Colley Terrace
Glenelg SA 5045

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 91m2
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Belle Property Glenelg
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Property Details for 112/27 Colley Tce, Glenelg

112/27 Colley Tce, Glenelg is a 2 bedroom, 1 bathroom Unit and was built in 2004. The property has a floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Glenelg in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
91m2
Local Government
Holdfast Bay
Lot/Plan
F112/C22490

Last Listing description (October 2024)

This bright and expansive apartment offers an exceptional blend of comfort and convenience across two levels, right in the heart of Glenelg. It defines a new standard for effortless, low-maintenance coastal living, making it an ideal investment opportunity for astute investors, both in the short and long term. Ideally positioned on the first floor, it is the ultimate choice for those seeking a property in one of South Australia's most renowned beachside neighbourhoods, promising a relaxed and carefree lifestyle.

The apartment's layout is expertly designed for versatility and convenience, comprising two bedrooms with built-in wardrobes, a well-appointed bathroom, and two designated car spaces. The true heart of the apartment lies in the open-plan living, dining, and kitchen space, seamlessly connected to a spacious balcony.

Ground Level:

- Incredibly spacious open-plan living and dining area seamlessly integrating with the kitchen and a private balcony
- Functional kitchen featuring quality benchtops/cabinetry, breakfast bar, and fully equipped with stainless steel appliances
- Private balcony accessible from the living/dining area
- Power room upon entry with a toilet included
- Convenient storage room under the stairs

Upper Level:
- Two generously sized bedrooms with built-in wardrobes and ceiling fans
- Central bathroom with double vanity, bath, and shower
- Private balcony looking out towards the City
- Laundry nook upon entry

Additional Features:
- Two designated car spaces
- Air conditioning throughout for added comfort
- Close proximity to all amenities Jetty road has to offer
- Close proximity to public transport

Specifications:
Year Built / 2004
Council / City of Holdfast Bay
Council Rates / $296 PQ
Strata Rates / $1,196 PQ
Water Rates / $153 PQ
Belle Escapes Holiday Rental Returns / $80k - $90K PA
Long Term Rental / $750 Per Week
Complex Amenities / Pool, Gym & Sauna

Contact us direct for a free quote with Belle Escapes short-term holiday letting and long-term rental services.

Perfectly positioned, just metres from the golden sands of the renowned Glenelg Beach, and a short stroll away from all the Bay has to offer, including renowned restaurants, classy cafes and trendy shops along Jetty Road and the Marina Pier ? this is a true lifestyle opportunity in the heart of the Bay. Enjoy the convenience of having everything at your fingertips with public transport, picturesque reserves, and great local amenities available right on your doorstep.

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. RLA 254416

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Property History for 112/27 Colley Tce, Glenelg, SA 5045

A timeline of how this property has performed in the market
Last Sold
$810,000
26 Sep 2024
Listed for Rent
$450/w
18 Jul 2019
  • 26 Sep 2024
    Sold for $810,000
  • 20 Aug 2024
    Listed for Sale $810,000
  • 17 Jul 2019
    Listed for Rent - Price not available
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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 3,420 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.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Glenelg on OnTheHouse. According to CoreLogic's data, 146 properties were sold in the past 12 months in Glenelg.

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