126/16 Holdfast PromenadeGlenelg SA 5045
Property Details for 126/16 Holdfast Prom, Glenelg
126/16 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 70m2 and floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in March 2014.
Last Listing description (March 2014)
Apartments in this development are largely in a lease arrangement with The Oaks Group. It is an award winning accommodation hotel.
This worry free investment provides excellent returns for owners. The apartment is on the second level with a northerly aspect .There are wonderful coastal views.
This modern fully furnished apartment has a very large balcony putting it in a class of few of the others in the hotel complex.
The new owner may chose to opt out of the lease arrangement and reside permanently..
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There is a car park and the use of the hotel spa, sauna, pool and gym facilities.
Beautifully fitted out throughout. You will be impressed upon inspection.
Contact Peter to discuss exceptional yearly returns at South Australia's premier seaside location.
Property History for 126/16 Holdfast Prom, Glenelg, SA 5045
- 11 Mar 2014Sold for $383,000
- 12 Nov 2013Listed for Sale $430,000
- 18 Apr 2008Sold for $340,000
Recent sales nearby
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About Glenelg 5045
The size of Glenelg is approximately 1.0 square kilometres. There are 5 parks, covering nearly 6.3% of the total area. The population of Glenelg in 2016 was 3349 people. By 2021 the population was 3440 showing a population growth of 2.7% in the area during that time. The predominant age group in Glenelg is 70-79 years. Households in Glenelg are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glenelg work in a professional occupation.In 2021, 51.40% of the homes in Glenelg were owner-occupied compared with 49.30% in 2016.
Glenelg has 3,518 properties. Over the last 5 years, Houses in Glenelg have seen a 61.69% increase in median value, while Units have seen a 69.50% increase. As at 31 July 2026:
- The median value for Houses in Glenelg is $1,953,410 while the median value for Units is $811,589.
- Houses have a median rent of $800 while Units have a median rent of $600.
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