OFF MARKET

513/16 Holdfast Promenade
Glenelg SA 5045

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 97m2
Land area: 107m2
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Property Details for 513/16 Holdfast Prom, Glenelg

513/16 Holdfast Prom, Glenelg is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 107m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in September 2017.

Building Type
Unit
Year Built
2002
Floor Size
97m2
Land Size
107m2
Local Government
Holdfast Bay
Lot/Plan
F513/C21562

Last Listing description (October 2017)

Rarely does an opportunity like this in the fabulous Oaks Plaza Pier present itself to the market for sale.
A spacious 2 bedroom apartment with panoramic sea views, fully furnished with attractive contemporary decor, and secure double entry offering complete flexibility & many options for the buyer.
Located on the 5th level overlooking the beach, take advantage of the live in or let out options. With an exterior hallway door leading to two secure key-card entrances it's just like having two apartments all on the one title.

For beach lovers searching for a permanent holiday lifestyle all year round this is the one! On offer is a spacious self contained 2 bedroom/2 bathroom layout complete with secure undercover car park, where you can have friends stay for holidays in your own apartment yet all in the privacy of the studio wing. Enjoy the use of premium facilities including indoor pool, spa, sauna and gymnasium in what has to be one of Glenelg's best apartment style hotels.
For the astute investor an exceptional investment opportunity presents. Place the apartment under hotel management as the current owners have successfully done and reap the benefits of being able to let out wholly as a 2 bedroom apartment, or individually as 1 bedroom apartment and separate studio apartment. Have the flexibility to book your apartment whenever you feel like a short getaway stay!
HIGHLIGHTS;
- Spacious 2 bedroom apartment, or 1 bedroom & separate studio
- Open plan living area with private balcony looking on to beautiful sea views
- Modern well equipped kitchen with dishwasher
- 2 Bathrooms, main with bath and two way entry
- Ducted reverse cycle air-conditioning
- Secure swipe card entry to floor level and apartment double entry
- Secure undercover car park
A rare opportunity on offer, situated in this prime seaside location close to Jetty Road and all the buzz of Holdfast Shores with its myriad of cafes, bars and nightlife. For further information contact Alan Gobec of Raine & Horne on 0403 987 853.
RLA 144653

Property History for 513/16 Holdfast Prom, Glenelg, SA 5045

A timeline of how this property has performed in the market
Last Sold
$650,000
28 Sep 2017
  • 28 Sep 2017
    Sold for $650,000
  • 20 Jun 2017
    Listed for Sale UNDER CONTRACT!
  • 03 Dec 2002
    Sold for $464,900

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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.

Suburb Insights for Glenelg 5045

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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.