OFF MARKET

424/16 Holdfast Promenade
Glenelg SA 5045

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 65m2
Land area: 74m2
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Property Details for 424/16 Holdfast Prom, Glenelg

424/16 Holdfast Prom, Glenelg is a 2 bedroom, 1 bathroom Unit and was built in 2002. The property has a land size of 74m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Year Built
2002
Floor Size
65m2
Land Size
74m2
Local Government
Holdfast Bay
Lot/Plan
F424/C21562

Last Listing description (November 2024)

Situated along the picturesque Holdfast Promenade, this fourth level apartment offers an enviable beachside lifestyle in the heart of Glenelg. With golden sands just steps away and the vibrant Marina Pier precincts within walking distance, this location provides easy access to all amenities. Whether you're seeking a coastal retreat, an astute investor looking for a high-demand rental property, or one wanting a low-maintenance home with stunning views, this apartment appeals to a range of discerning buyers.

This modern 2-bedroom apartment boasts a private balcony with breath-taking water views. The light-filled living space seamlessly connects to the balcony, perfect for indoor-outdoor living. Both bedrooms feature built-in wardrobes, while the dual access bathroom offers convenience with a shower, toilet, and vanity. With its stylish design and prime beachfront position, this property delivers the ideal combination of comfort and coastal living.

Key features:

- Two generously sized bedrooms with built-in wardrobes
- Dual access bathroom with shower, toilet, and vanity
- Light-filled living room that flows directly out to the balcony, taking full advantage of the view
- Private balcony with stunning water views
- Amazing views of the Bay, Glenelg North and the Marina Pier
- Sliding glass frontage offers uninterrupted indoor/outdoor flow
- Secure car park
- Kitchen complete with fridge, microwave, crockery & dishwasher
- Video intercom system to give your guests lift access
- Gymnasium
- Indoor heated lap pool
- Spa & sauna
- Multiple restaurants and cafes in building

Contact us direct for a free quote for Belle Escapes Short-Term Holiday Letting Services.

Located in a true lifestyle location, you are less than 1km walk to the iconic Jetty Road, as well as a short walk to Holdfast Shores Marina and Glenelg Beach. Local amenities including Glenelg Golf Club, Glenelg Tennis Club and Novar Gardens Bowling Club as well as quality schools; Immanuel College and St Leonards primary are all within minutes. It is easy to get to the CBD with several bus stops and the Glenelg tram just a short walk away, making it ideal for professionals and young families as well as downsizers and empty nesters. Westfield Marion, Harbour Town, as well as a variety of other local amenities are all easily accessible in this highly sought after beachside location.

Specifications:
Year Built / 2002
Council / Holdfast Bay
Council Rates / $298 PQ
Water Rates / $180 PQ
Strata Fees / $2,100 PQ
Holiday Letting Return / $97,000 PA

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 advice. RLA 254416

Property History for 424/16 Holdfast Prom, Glenelg, SA 5045

A timeline of how this property has performed in the market
Last Sold
$610,000
22 Jan 2021
  • 29 Oct 2024
    Listed for Sale Under Contract
  • 22 Jan 2021
    Sold for $610,000
  • 15 Oct 2020
    Listed for Sale $600,000 - $620,000
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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 3,420 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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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.