OFF MARKET

623/16 Holdfast Promenade
Glenelg SA 5045

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 40m2
Land area: 60m2
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Last updated 11 Nov 2024
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Property Details for 623/16 Holdfast Prom, Glenelg

623/16 Holdfast Prom, Glenelg is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 60m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in September 2014.

Building Type
Unit
Year Built
2002
Floor Size
40m2
Land Size
60m2
Local Government
Holdfast Bay
Lot/Plan
F623/C21562

Last Listing description (August 2014)

LUXURY EXECUTIVE LIVING WITH SPECTACULAR VIEWS! JUST MOVE IN AND ENJOY THE LIFESTYLE OR MAKE THIS AN INVESTMENT FOR YOUR FUTURE.
*UNDER CONTRACT* This modernised, light and bright, open plan apartment is located in the heart of Glenelg and is ready for you to either move and enjoy or take advantage of the current excellent rental return - what a great premium investment property this would make to add to your portfolio!
Walk through the impressive lobby of the Oaks Plaza, up the lift to Level 6, then down the stylish foyer to your apartment where you will appreciate the well thought out and versatile design that will cater for all your needs.

There is a spacious lounge/dining area opening onto a north facing balcony with spectacular views over the beach and marina and where you can watch the sunsets in the evening. The versatile kitchen includes Smeg appliances and lots of bench and storage space. The adjacent bedroom also has spectacular north westerly views and has a built in wardrobe. There is also a stylish and spacious bathroom decorated in neutral tones.
Other features of this executive apartment include ducted reverse cycle air conditioning, full security system and one secure undercover car park that is accessed via automatic roller doors. Tastefully decorated in neutral tones with quality fixtures and fittings you can make this your home or investment property.
Within a short walk to the caf? and entertainment precinct of Glenelg this unique lifestyle awaits you. Being a short drive to the city and an equally short drive to the southern tourist precinct this apartment is in the perfect location. What an opportunity to purchase a serviced executive apartment in this tightly held and exclusive area in Glenelg.
If you have spent months looking for the right apartment to buy to enhance your lifestyle your looking could now be over.
CALL DAVID WALSH ON 0435738645 TO ARRANGE A PRIVATE INSPECTION.

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Property History for 623/16 Holdfast Prom, Glenelg, SA 5045

A timeline of how this property has performed in the market
Last Sold
$375,000
04 Sep 2014
  • 04 Sep 2014
    Sold for $375,000
  • 06 Aug 2014
    Listed for Sale UNDER CONTRACT
  • 10 Dec 2002
    Sold for $360,900

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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 4 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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