228/16 Holdfast Promenade, Glenelg, SA 5045 | Property Value & History | OnTheHouse
OFF MARKET

228/16 Holdfast Promenade
Glenelg SA 5045

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 108m2
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Property Details for 228/16 Holdfast Prom, Glenelg

228/16 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 108m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
2002
Floor Size
85m2
Land Size
108m2
Local Government
Holdfast Bay
Lot/Plan
F228/C21562

Last Listing description (May 2022)

A rare 2 bed apartment at the popular beach side suburb of Glenelg. This apartment offers you the ultimate investment or space to reside. With its layout the apartment can be split into two one bed and one bath areas or used as a 2 bed 2 bath through a dividing wall down the centre of the apartment. Currently leased through the Oaks Group, enjoy consistent returns year around with minimal fuss. Alternatively, enjoy the apartment and abundance of facilities for yourself.

Located on the second floor, with uninterrupted reserve and marina views. The open plan kitchen and living area flows seamlessly to the large balcony and outdoor entertaining area. Whether you are entertaining family, friends or enjoying an afternoon to yourself. The space is very adaptable with the unique floor plan layout.

Key Features:

- 2 large bedrooms
- Master bedroom includes bar & ensuite
- Built in robes in both bedrooms
- Open plan kitchen and dining
- Fully functional kitchen
- 2 private balconies
- Secure parking

Walking distance from all of the pleasures Glenelg has to offer: waterfront shopping, five-star dining on the marina, over 200 specialty shops on Jetty Road and of course only short walk to the white sandy Glenelg Beach.

Council Rates: $305PQ
Water Rates: $165PQ
Strata Rates: $1346PQ
Short Term: $2,800 PM
Long Term: $595 PW

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.

Property History for 228/16 Holdfast Prom, Glenelg, SA 5045

A timeline of how this property has performed in the market
Last Sold
$660,000
31 Aug 2021
  • 31 Aug 2021
    Sold for $660,000
  • 11 Jun 2021
    Listed for Sale $675,000 to $725,000
  • 05 Mar 2015
    Listed for Sale $575,000 - $595,000
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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 3,494 properties. Over the last 5 years, Houses in Glenelg have seen a 64.98% increase in median value, while Units have seen a 79.85% increase. As at 30 June 2026:

  • The median value for Houses in Glenelg is $1,958,872 while the median value for Units is $864,353.
  • Houses have a median rent of $850 while Units have a median rent of $593.
There are currently 13 properties listed for sale, and 10 properties listed for rent in Glenelg on OnTheHouse. According to Cotality's data, 125 properties were sold in the past 12 months in Glenelg.

Suburb Insights for Glenelg 5045

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.