SOLD
Sold on 23 Aug 2024 for $500,000

208/16 Holdfast Promenade
Glenelg SA 5045

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 61m2
Land area: 86m2
Sold By
Harris Real Estate Glenelg
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Property Details for 208/16 Holdfast Prom, Glenelg

208/16 Holdfast Prom, Glenelg is a 1 bedroom, 1 bathroom Unit and was built in 2002. The property has a land size of 86m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Glenelg in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
61m2
Land Size
86m2
Local Government
Holdfast Bay
Lot/Plan
F208/C21562

Last Listing description (August 2024)

Nestled in an ideal location along Holdfast Promenade with picturesque views of Glenelg Beach, this newly renovated 1-bedroom apartment offers a remarkable opportunity for downsizers seeking easy upkeep, savvy investors eyeing rental potential, or anyone aspiring to a coveted beachside lifestyle in Adelaide's premier coastal area.

Situated within Oaks Plaza Pier, this apartment features a practical kitchen with a spacious island bench, a generously-sized bedroom with built-in robes and a new queen-size ensemble bed, and a bright open-plan living area. Flowing seamlessly from the living space is a private balcony, providing stunning views of Glenelg Beach.

More to Love:

- Modern kitchen with quality appliances and ample storage
- Spacious master bedroom with built-in robe
- Secure designated undercover car space
- Reverse cycle air conditioning throughout
- Access to hotel amenities including lap pool, heated spa, sauna, and gym

208/16 Holdfast Promenade enjoys a prime lifestyle position, less than 1km from the iconic Jetty Road, and a short stroll to Holdfast Shores Marina and Glenelg Beach. Local amenities such as Glenelg Golf Club, Glenelg Tennis Club, and Novar Gardens Bowling Club are within easy reach, along with quality schools like Immanuel College and St Leonards Primary. Public transport options including bus stops and the Glenelg tram are conveniently nearby, ensuring easy access to the CBD, Westfield Marion, Harbour Town, and various other local amenities are also easily accessible from this highly sought-after beachside location.

Specifications:
CT / 5886/745
Council / Holdfast Bay
Zoning / UN
Built / 2002
Council Rates / $1,183.30pa
Emergency Services Levy / $213.90pa
Strata Rates / $1,836pq
Strata Manager / Whittles Management
Estimated rental assessment: $490 - $520 p/w (Written rental assessment can be provided upon request)
Nearby Schools / Glenelg P.S, Plympton International College, Warradale P.S

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 208/16 Holdfast Prom, Glenelg, SA 5045

A timeline of how this property has performed in the market
Last Sold
$500,000
23 Aug 2024
  • 23 Aug 2024
    Sold for $500,000
  • 19 Jul 2024
    Listed for Sale Not Disclosed
  • 03 Oct 2009
    Listed for Sale $359,000
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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 3,446 properties. Over the last 5 years, Houses in Glenelg have seen a 85.94% increase in median value, while Units have seen a 64.87% increase. As at 31 August 2024:

  • The median value for Houses in Glenelg is $1,756,218 while the median value for Units is $713,902.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 7 properties listed for sale, and 6 properties listed for rent in Glenelg on OnTheHouse. According to CoreLogic's data, 149 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.