SOLD
Sold on 10 Sep 2024 for $725,000

227/16 Holdfast Promenade
Glenelg SA 5045

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 87m2
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Property Details for 227/16 Holdfast Prom, Glenelg

227/16 Holdfast Prom, Glenelg is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 87m2 and floor size of 90m2. 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
2002
Floor Size
90m2
Land Size
87m2
Local Government
Holdfast Bay
Lot/Plan
F227/C21562

Last Listing description (August 2024)

Introducing an exceptional opportunity to embrace coastal living at its finest with this stunning apartment. Perfectly positioned along the ever-popular Holdfast Promenade overlooking the beautiful Colley Reserve and Marina Pier, this residence offers the perfect blend of luxury, and seaside serenity.

Step inside to discover a well-appointed open-plan living and dining area is bathed in natural light, creating a warm and inviting atmosphere. The contemporary kitchen is equipped with high-end appliances, and ample storage, making it a delight for both everyday convenience and entertaining guests.

The apartment boasts two generously sized bedrooms, one including a built-in robe, and each designed with comfort and style in mind. The pristine bathroom includes a shower over bathtub, and ample storage.

One of the standout features of this property is the spacious living area opening out to the private balcony area. The balcony overlooking Colley Reserve and showcasing the best of the Marina Pier, is perfect for entertaining guests.

Just a short stroll away is the iconic Jetty Road, renowned for its array of dining, shopping, and entertainment options. From trendy cafes and gourmet restaurants to boutique shops and lively bars, there is always something to explore and enjoy. The nearby tramline provides direct access to the CBD, ensuring effortless connectivity to the city's business and cultural hubs.

Residents of this prestigious complex also have access to an array of first-class amenities, including a state-of-the-art gym, a sparkling indoor pool, and a secure parking spot. Additionally, the stunning coastal location offers endless opportunities for outdoor activities, from beach walks and swimming to cycling and more along the picturesque coastline.

What we Love:

Luxurious apartment along ever-popular Holdfast Promenade
Open-plan living and dining area with abundant natural light
Contemporary kitchen with high-end appliances and sleek cabinetry
Two generously sized bedrooms, one with a built-in robe
Pristine bathroom with bathtub and ample storage
Expansive balcony with stunning views over the Marina & Colley Reserve
Close proximity to Jetty Road's dining, shopping, and entertainment options
Walking distance to the tramline for direct access to the CBD
Access to first-class amenities including a state-of-the-art gym and indoor pool
Secure parking spot included
Perfect coastal location for beach walks, swimming, cycling, and more

Specifications
Title: Community
Year built: 2002
Council rates: $1,277.55 per annum
Administration fund: $2,249.00 per quarter
Sinking fund: $112.00 per quarter
ESL: $276.05 per annum
Heating & cooling: Ducted air conditioning
Water Rates: $78.60 per quarter
Sewer Rates: $93.30 per quarter

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.

Property History for 227/16 Holdfast Prom, Glenelg, SA 5045

A timeline of how this property has performed in the market
Last Sold
$725,000
10 Sep 2024
  • 10 Sep 2024
    Sold for $725,000
  • 08 Jul 2024
    Listed for Sale $695,000 - $745,000
  • 08 Oct 2008
    Sold for $475,500
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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 3,449 properties. Over the last 5 years, Houses in Glenelg have seen a 82.71% increase in median value, while Units have seen a 73.92% increase. As at 30 November 2024:

  • The median value for Houses in Glenelg is $1,819,640 while the median value for Units is $749,057.
  • Houses have a median rent of $630 while Units have a median rent of $525.
There are currently 5 properties listed for sale, and 6 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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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.