OFF MARKET

715/16 Holdfast Promenade
Glenelg SA 5045

Bedrooms: 1
Bathrooms: 2
Car spaces: 1
Floor area: 60m2
Land area: 86m2
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Property Details for 715/16 Holdfast Prom, Glenelg

715/16 Holdfast Prom, Glenelg is a 1 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 86m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in January 2017.

Building Type
Unit
Year Built
2002
Floor Size
60m2
Land Size
86m2
Local Government
Holdfast Bay
Lot/Plan
F715/C21562

Last Listing description (January 2017)

Pier apartment 715 is one of those unique property opportunities that only Glenelg South Australia can offer.
Situated on the seventh floor of the prominent hotel complex that is the Oaks Plaza Pier, the apartment offers
panoramic views of world famous Glenelg beach, Marina Pier, and the hills of Adelaide. The property consists of

well appointed features throughout, with floating kitchen bench top, main bedroom with in house TV and modern
furnishings complimenting the spacious living area. As a sound investment decision your hotel guests will enjoy
all the facilities that the Pier apartment complex has to offer - luxury lap pool, sauna, spa and gym for those all important
exercise needs. Then relax with colleagues and friends with the numerous entertainment facilities on the ground floor.
The restaurants, bars, and walking access to many other entertainment venues all make this property an extremely exciting
prospect for both investors and lifestyle purchasers. Take the opportunity now to fulfil those urges to be amongst the most prestigious beach front properties that only Glenelg can provide.

Council Rates : City of Holdfast Bay $1,074 per year
Strata Fees : Whittles Strata $1,784.00pq
SA WATER : $193.57 pq
Emergency Services Levy $226.55 per year

Property History for 715/16 Holdfast Prom, Glenelg, SA 5045

A timeline of how this property has performed in the market
Last Sold
$425,000
06 Jan 2017
  • 06 Jan 2017
    Sold for $425,000
  • 12 Sep 2016
    Listed for Sale UNDER CONTRACT
  • 23 May 2011
    Listed for Sale 395000
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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 3,449 properties. Over the last 5 years, Houses in Glenelg have seen a 85.94% increase in median value, while Units have seen a 64.87% increase. As at 31 August 2024:

  • The median value for Houses in Glenelg is $1,756,218 while the median value for Units is $713,902.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 8 properties listed for sale, and 8 properties listed for rent in Glenelg on OnTheHouse. According to CoreLogic's data, 152 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.