24/23 Colley Tce, Glenelg is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. While the property is not currently for sale or for rent, it was last sold in July 2016.
Surrounded by Glenelg's village charms and spectacular 270o views, there will never be a more perfect opportunity to invest or nest right on Adelaide's iconic seafront.
Located on the sixth floor, this two-bedroom money-spinner with Jetty-view balcony currently grosses $360 a week and is leased until 21 October 2016. Opposite the rolling green lawns of Colley Reserve, it offers a carefree investment or lifestyle lair in the walk-everywhere heart of Adelaide's favourite seaside destination.
Freshly painted to please and featuring new carpets, new floating timber floors, new stainless steel oven and a completely renovated bathroom save for the original bath; these recent updates just add to the value proposition here. While wholly in line with current rental market expectations, there is still scope for the nester to further upgrade and personalize.
Bonus features
Fujitsu r/c air conditioner
Canvas awning to living area's west-facing windows
Visitor intercom
Single garage with auto roller door & access via Durham Street
Built-in storage to main bedroom and living area
Private balcony with space for a barbecue & caf setting
Westinghouse stainless steel oven
Separate laundry
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 3,495 properties. Over the last 5 years, Houses in Glenelg have seen a 58.15% increase in median value, while Units have seen a 88.35% increase. As at 31 May 2026:
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