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Sold on 28 Oct 2024 - Price Unavailable

403/16 Holdfast Promenade
Glenelg SA 5045

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 403/16 Holdfast Prom, Glenelg

403/16 Holdfast Prom, Glenelg is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Apartment sold in Glenelg in the last 12 months.

Building Type
Apartment
Local Government
Holdfast Bay
Lot/Plan
F403/C21562

Last Listing description (October 2024)

Perfectly situated in one of Adelaide's premier coastal suburbs, this pristine apartment caters to the aspirations of both first-time homebuyers seeking an enviable lifestyle or the astute investors exploring short or long-term opportunities. Positioned along the esteemed Glenelg Esplanade, offering captivating views over Colley Reserve, this residence epitomizes effortless, lock-and-leave apartment living at its finest.

Currently leased as holiday accommodation through the Oaks Plaza Pier, it promises lucrative annual returns. Delight in the steady income stream year-round. Comes fully furnished.

Key Features:
- Open plan living/dining area opening to the private balcony
- Gourmet kitchen complete with quality appliances, granite benchtops and dishwasher
- One large bedroom with built-in robe
- Master bedroom features two-way bathroom complete with shower, bath, toilet and vanity
- Neat & tidy private balcony with stunning Colley Reserve views
- Secure car park
- Reverse cycle air conditioning
- Secure complex with swipe card entry and intercom system
- Pool, sauna and spa access
- Gym facilities access

Ideally located within walking distance of all the lifestyle pleasures Glenelg has to offer; waterfront shopping and five-star dining on the marina, over 200 specialty shops on Jetty Road and of course the white sandy Glenelg Beach on your doorstep. This is a lucrative investment or dream lifestyle opportunity in one of Adelaide's premier coastal suburbs.

Outgoings

Strata Admin / $1,699 PQ
Strata Sinking / $84.00 PQ
Council Rates / $316.00 PQ
Water Sewer / $86.95 PQ
Water Supply / $78.60 PQ

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Property History for 403/16 Holdfast Prom, Glenelg, SA 5045

A timeline of how this property has performed in the market
Last Sold
28 Oct 2024
  • 28 Oct 2024
    Sold
  • 02 Oct 2024
    Listed for Sale Off Market Opportunity
  • 19 May 2022
    Listed for Sale Contact Agent
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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 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 10 properties listed for sale, and 3 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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