SOLD
Sold on 04 Nov 2024 for $1,000,000

319/16 Holdfast Promenade
Glenelg SA 5045

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 70m2
Land area: 81m2
Improve this data
Sold By
Gary J Smith Real Estate
Share
Save

Property Details for 319/16 Holdfast Prom, Glenelg

319/16 Holdfast Prom, Glenelg is a 2 bedroom, 2 bathroom Unit and was built in 2002. The property has a land size of 81m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Glenelg in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
70m2
Land Size
81m2
Local Government
Holdfast Bay
Lot/Plan
F319/C21562

Last Listing description (November 2024)

Enjoying superb uninterrupted ocean views over Glenelg and the foreshore, this stunning third floor apartment is the beachside pad or investment of a lifetime.

Located within the iconic Oaks Glenelg Plaza on Holdfast Promenade, all of the precinct's attractions are at your fingertips here, including The Marina, Jetty Road's endless bars and eateries, shops, hotels, tram and bus transport, a simple 10km commute from the CBD.

Two bedrooms are well-proportioned and complete with built-in robes, the master enjoying access to an ensuite bathroom with corner shower, with the convenience of a second bathroom with shower over bath and laundry facilities.

A well-equipped kitchen offers substantial storage space, a dishwasher and electric cooktop for eating in, overlooking a carpeted living and dining space with big picture windows and private balcony providing unbeatable ocean and summer sunset views.

More you'll adore:
- One allocated under building carpark
- Ducted reverse cycle air conditioning
- Use of communal facilities including gym and pool
- Currently leased back to the Oaks Hotel & Resort
- Absolute Net return exceeds 5.0% for 23/24 FY.
Possible Stamp Duty exemption for corporate Investors.

Location, lifestyle and luxury, beachside bases don't come better than this.

Specifications:
CT / 5886/790
Council / City of Holdfast Bay
Council Rates /$1,517.45 PA
SA Water / $195.23 PQ
ES Levy / $332.60 PA

Show More

Property History for 319/16 Holdfast Prom, Glenelg, SA 5045

A timeline of how this property has performed in the market
Last Sold
$1,000,000
04 Nov 2024
  • 04 Nov 2024
    Sold for $1,000,000
  • 13 Aug 2024
    Listed for Sale Contact Agent
  • 03 Dec 2002
    Sold for $454,900

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 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 4 properties listed for rent in Glenelg on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Glenelg.

Glenelg Profile Page

Suburb Insights for Glenelg 5045

Visit Glenelg profile page
Market Insights
Glenelg Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Glenelg Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Glenelg profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED