OFF MARKET

719/16 Holdfast Promenade
Glenelg SA 5045

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 86m2
Land area: 128m2
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Property Details for 719/16 Holdfast Prom, Glenelg

719/16 Holdfast Prom, Glenelg is a 2 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2002. The property has a land size of 128m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Townhouse
Year Built
2002
Floor Size
86m2
Land Size
128m2
Local Government
Holdfast Bay
Lot/Plan
F719/C21562

Last Listing description (May 2021)

There's nothing more quintessentially Glenelg than its line-up of pine trees, buzzing esplanades, Colley Reserve, and the mega-yachts and boardwalks of Holdfast Marina...

Drop a pin on the map and The Oaks Glenelg Plaza Pier is here. While the world watches our safe city from afar, make the parks, pines, and lapping waves a morning ritual knowing home is a secure, 7th floor 2-bedroom Park View apartment capturing 180-degree views of this world-class seaside destination.

For holidaymakers, corporates, long or short-term tenants, the Oaks Group can manage your investment for you; imagine the influx of interest come the summer school holidays.

Having recently returned between $40,000 - $48,000 net p.a. This property provides an outstanding investment opportunity.

If it's an effortless retirement you're yearning, move in and enjoy modern open plan living, 2 bedrooms (each with built-ins and ensuite access), quality finishes including stainless SMEG kitchen appliances, stone kitchen and bathroom benchtops, plush carpets, and crisp downlighting.

Yet it's the 6-metre balcony bringing the distant hills and sunrises that'll have you sun-swept and socialising, glass in hand, gaining access via the 2nd bedroom and living room.

Take advantage of the luxurious complex features - the indoor heated lap pool, spa, plunge pool, sauna, and cardio-only gym - and with 2 cars securely undercover, you're free to don the flip-flops, joggers, or heels for the lifestyle you've waited for...

Indulge in the chaos of the Beach House, or keep it civilised and couples' only with seafood at Sammy's on the Marina, a stroll along the beach at sunset, or a wander down Jetty Road for restaurants, bars, boutiques, and groceries.

Make life a boutique apartment breeze above it all at the Pier.

Why you'll love it:
7th floor position with 180-degree park views
100m from Holdfast Marina & a side-step to the beach
Stone benchtops & SMEG kitchen appliances
Daikin ducted R/C A/C
Large master with ensuite, bath & storage
Stone vanities to both bathrooms
Integrated European laundry
Hotel features including gym, pool, restaurants, bars & cafes
2 secure carparks
Rent under Oaks Management as a great investment opportunity
11kms from the CBD

*We make no representation or warranty as to the accuracy, reliability or completeness of the information relating to the property. Some information has been obtained from third parties and has not been independently verified.*

Property History for 719/16 Holdfast Prom, Glenelg, SA 5045

A timeline of how this property has performed in the market
Last Sold
$730,000
21 May 2021
  • 21 May 2021
    Sold for $730,000
  • 09 Nov 2020
    Listed for Sale Sold By Peter Kiritsis
  • 17 Dec 2002
    Sold for $586,000

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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 10 properties listed for sale, and 3 properties listed for rent in Glenelg on OnTheHouse. According to CoreLogic's data, 141 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.