SOLD
Sold on 31 Oct 2024 for $535,000

608/16 Holdfast Promenade
Glenelg SA 5045

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 50m2
Land area: 60m2
Sold By
Belle Property Glenelg
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Property Details for 608/16 Holdfast Prom, Glenelg

608/16 Holdfast Prom, Glenelg is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 60m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Glenelg in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
50m2
Land Size
60m2
Local Government
Holdfast Bay
Lot/Plan
F608/C21562

Last Listing description (November 2024)

Perfectly situated along the sought-after Holdfast Promenade with stunning views of Glenelg Beach, this tastefully refurbished 1-bedroom apartment is an ideal opportunity for downsizers seeking low-maintenance living, astute investors interested in both short-term and long-term rental potential, or anyone desiring a coveted beachside lifestyle in one of Adelaide's premier coastal locations.

Perched on the sixth floor of the Oaks Plaza Pier, the apartment features a functional kitchen, a spacious bedroom, and a light-filled open-plan living area. The living space extends to a private, well-protected balcony, offering picturesque views of the popular Glenelg Beach.

Key Features:

- Spacious and light-filled living/meals area adjacent to the kitchen and opening out to the private balcony
- Well-equipped kitchen complete with highly functional appliances, and ample storage space
- Large master bedroom features a built in robe and new queen size ensemble bed
- Neat & tidy all weather private balcony with views of Glenelg Beach & Jetty
- Two secure designated car spaces undercover, one with remote controlled parking bollard
- Storage cage
- Recently refurbished in beachy style d?cor
- 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, 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 / $316 PQ
Strata Rates / $2203 PQ
Water Rates / $165 PQ

Contact us for a free quote on short-term holiday letting with Belle Escapes or 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 608/16 Holdfast Prom, Glenelg, SA 5045

A timeline of how this property has performed in the market
Last Sold
$535,000
31 Oct 2024
  • 31 Oct 2024
    Sold for $535,000
  • 16 Jul 2024
    Listed for Sale $535,000
  • 10 Feb 2023
    Sold for $450,000
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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 9 properties listed for sale, and 4 properties listed for rent in Glenelg on OnTheHouse. According to CoreLogic's data, 141 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.