OFF MARKET

626/16 Holdfast Promenade
Glenelg SA 5045

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 86m2
Land area: 18m2
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Last updated 11 Nov 2024
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Property Details for 626/16 Holdfast Prom, Glenelg

626/16 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 18m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
2002
Floor Size
86m2
Land Size
18m2
Local Government
Holdfast Bay
Lot/Plan
F626/C21562

Last Listing description (November 2020)

The property is currently owner occupied, the owner is reluctantly selling after 16 years to move into care. The property is perfect for investors and owner occupiers alike. Beautifully positioned, the corner apartment really does offer the best of both worlds sitting snug, secure and peaceful on the sixth level. The all weather tranquil outlook includes a sweeping 180 degree vista from sea to hills with lush green Wigley Reserve in the foreground.The accommodation is both immaculate and versatile offering two separate living areas allowing the option to live in and or let out. Enjoy the internal service and facilities this world class complex offers, metres to iconic beach, City-Bay Tram, Cafes, Hotels and Specialty Shops.Inspection will delight! Features we like about this property:- Year round outdoor entertainment with balconies (weather protection) - Secure corner position - Two double bedrooms both with built in robes - Two full size bathrooms each with spa bath - Main living area includes kitchen with dishwasher, electric stove/oven, fridge and microwave- A host of cupboard storage throughout - Separate laundry with washer/dryer- Large heated indoor pool / sauna (part of Oaks Plaza complex) - Secure under-croft car park - Option to lease out privately or through Oaks Plaza Some additional advantages in residing in this 4.5 star hotel complex:- Fantastic facilities such as pool, spa, sauna amp; gym- In house restaurants with optional delivery to apartment- Common areas thoroughly cleaned daily- Very friendly amp; helpful staff on hand 24/7Property Details:Council: City of Holdfast BayHouse Size: 107sqmYear Built: 2002Certificate of Title Volume: 5886 Folio 893 Community Plan: 21562Strata Community Manager: Whittles Group Administration Fund: $1871 per quarter (revised to 31/12/20)Sinking Fund $0.00 (revised to 31/12/20)Council Rates: $1223.75 per annum Water Rates: $191.32 per quarterFor further information please contact Phil Rogers.Visit www.glenelg.ljhooker.com.au to view other LJ Hooker Glenelg Listings. RLA 182909

Property History for 626/16 Holdfast Prom, Glenelg, SA 5045

A timeline of how this property has performed in the market
Last Sold
$525,000
09 Oct 2020
  • 09 Oct 2020
    Sold for $525,000
  • 18 Jun 2020
    Listed for Sale $555,000 - $565,000
  • 19 Dec 2013
    Transferred
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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.