SOLD
Sold on 13 May 2024 for $410,000

602/16 Holdfast Promenade
Glenelg SA 5045

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
Land area: 50m2
Sold By
Belle Property Glenelg
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Property Details for 602/16 Holdfast Prom, Glenelg

602/16 Holdfast Prom, Glenelg is a 1 bedroom, 1 bathroom Unit and was built in 2002. The property has a land size of 50m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Glenelg in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
51m2
Land Size
50m2
Local Government
Holdfast Bay
Lot/Plan
F602/C21562

Last Listing description (October 2024)

Best Offer By Monday 8th of April (USP)

Perfectly positioned along the ever-popular Holdfast Promenade overlooking the beautiful Colley Reserve and toward the Adelaide Hills, this 1-bedroom apartment presents as the perfect opportunity for those looking to downsize to low-maintenance living or the astute investor, with impressive short-term or long-term opportunities or anyone seeking an enviable beachside lifestyle in one of Adelaide's premier coastal locations.

Located on the sixth floor, of the Oaks Plaza Pier, the apartment offers a functional kitchen, spacious bedroom and a light-filled open plan living area which incorporates the private and well protected balcony overlooking Colley Reserve and showcasing wonderful Adelaide Hills views.

Key Features:
- Spacious and light-filled living/meals area adjacent to the kitchen and opening out to the private balcony
- Gourmet kitchen complete with quality appliances, induction cooktop, granite benchtops and dishwasher
- Large master bedroom features built in robe
- Neat & tidy private balcony with sweeping views of the Colley Reserve
- Reverse cycle air conditioning throughout
- Secure complex with swipe card entry and intercom system
- Full access to the hotel amenities including lap pool, heated spa and sauna room plus a well-equipped gym/exercise room.

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, Glenlea 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 / $294 PQ
Strata Rates / $1,679 PQ

Contact us for a free quote on short-term holiday letting and long-term rental services.

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 602/16 Holdfast Prom, Glenelg, SA 5045

A timeline of how this property has performed in the market
Last Sold
$410,000
13 May 2024
  • 13 May 2024
    Sold for $410,000
  • 14 Mar 2024
    Listed for Sale $410,000
  • 01 Sep 2021
    Sold for $343,000
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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 3,418 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 11 properties listed for sale, and 4 properties listed for rent in Glenelg on OnTheHouse. According to CoreLogic's data, 138 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.