SOLD
Sold on 12 Sep 2024 for $1,100,000

123/29 Colley Terrace
Glenelg SA 5045

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 117m2
Land area: 31m2
Sold By
Harris Real Estate Glenelg
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Property Details for 123/29 Colley Tce, Glenelg

123/29 Colley Tce, Glenelg is a 2 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2004. The property has a land size of 31m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Townhouse sold in Glenelg in the last 12 months.

Building Type
Townhouse
Year Built
2004
Floor Size
117m2
Land Size
31m2
Local Government
Holdfast Bay
Lot/Plan
F123/C22490

Last Listing description (September 2024)

Investors: Grab this extraordinary opportunity to maximise your ROI as this apartment provides an unprecedented 8.2% return ($90k plus per annum) through Air BnB.

An exceptional double-storey townhouse that claims the iconic pines of Colley Reserve as it's front yard - 123/29 Colley Terrace is the zero-fuss, total-lifestyle package you've always dreamed of.

Blending indoors and out, a private outdoor terrace stretches to extensive lounge, open plan layout optimising flow across all zones. Overseen by an exquisite Jag kitchen that layers waterfall Caesarstone benchtops, sleek glass splashback, and a full suite of European stainless-steel appliances, it's the ultimate epicentre to take you from morning coffee to New Years Eve seamlessly.

An additional family room to upstairs landing offers more space to spread out and relax or settle in and focus, study nook permanently solving the dilemma of where to set up shop on work-from-home days.

Wrapped with built-in robes, ensuite, and private balcony, a main bedroom delivers an enviable retreat, ready for you to greet or end the day with views across the marina. Two additional bedrooms boast their own balcony, fully serviced by family bathroom with floor-to-ceiling subway tiling, freestanding shower, and bathtub, completing the footprint with the ideal framework for any configuration.

And if that's not impressive enough, all the amenities of Oaks Liberty Towers amplify your lifestyle to even more impressive heights, pool, spa, sauna, and gym placing ensuring you never need to leave the building for your new rituals.

You're never more than a few steps from having your toes in the water, with Glenelg beach seconds from your doorstep for quick dips or downtime spent exploring the esplanade on foot or bike. A mere 2-minute walk finds you amongst the endless amenities of Jetty Road and Mosley Square, with eateries, retail shopping and cinemas ready to meet your needs. The morning commute is effortless, with a 20-minute drive to the CBD, or a simple trip via Tram or Bus.

New home, chic weekender, or strategic investment - it's epic from every angle.

More to love:
- Full service building with fob access, CCTV monitoring, reception service, after-hours assistance, and rubbish chute
- Communal amenities including fully tiled and heated pool, spa, sauna and gym room
- Dual basement car parks accessed via Durham Street, plus storage cage
- Separate laundry and guest powder room
- Ducted air-conditioning, plus split systems to lounge and main bedroom
- Neutral colour palette
- Polished timber floors
- Downlighting

Specifications:
CT / 5926/80
Council / Holdfast Bay
Zoning / UN
Built / 2004
Council Rates / $1323.90pa
Strata Rates / $2,392pq
Strata Manager / Strata Data
Emergency Services Levy / $149.75pa
SA Water / $234.32pq
Estimated rental assessment / $850 to $900 per week / Written rental assessment can be provided upon request
Nearby Schools / Glenelg P.S, Plympton International College, Warradale P.S, Plympton International College

Disclaimer: 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 and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409

Property History for 123/29 Colley Tce, Glenelg, SA 5045

A timeline of how this property has performed in the market
Last Sold
$1,100,000
12 Sep 2024
Listed for Rent
$580/w
17 Mar 2009
  • 12 Sep 2024
    Sold for $1,100,000
  • 14 Jun 2024
    Listed for Sale Not Disclosed
  • 02 Aug 2019
    Sold for $760,000
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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 3,421 properties. Over the last 5 years, Houses in Glenelg have seen a 80.42% increase in median value, while Units have seen a 74.48% increase. As at 31 October 2024:

  • The median value for Houses in Glenelg is $1,785,740 while the median value for Units is $753,046.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 9 properties listed for sale, and 5 properties listed for rent in Glenelg on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Glenelg.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.