315/16 Holdfast PromenadeGlenelg SA 5045
Property Details for 315/16 Holdfast Prom, Glenelg
315/16 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 59m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in November 2004.
Last Listing description (April 2019)
Subject to an individual ruling by Revenue SA this unit could well be stamp duty exempt if your proposed end use is as a managed short stay holiday rental.
Whether you are looking for an apartment to rent out, live in or a bit of both, then this release may just fit the bill.
Situated in the Oaks Plaza in the prime Glenelg beach position, this one-bedroom apartment offers the ideal pad for a busy executive or indeed a retiree.
A full galley style kitchen equipped with European appliances has easy access to the open plan living room and meals area. The bedroom via a sliding screen also opens onto the living area and has direct access to the bathroom and the European style laundry.
Being part of a 4.5-star development, the apartment also benefits from a fully maintained indoor pool, fully equipped gym, spa and sauna.
Pay TV and internet services are available and there is a secure underground car park assigned specifically to the apartment.
The option of renting this fully furnished apartment out is also available through the Management by the Oaks Group. The 2016/2017 Gross income for this property was $56,290. Full financials are available upon request.
This may be an ideal option for those who travel extensively or those who live intrastate and only wish to use the apartment for personal use on a few occasions throughout the year.
Whether the end use of the apartment is residential or executive rental, the positioning could not be better. Glenelg's beach, Jetty Rd shops and tram plus the myriad of watering holes and eateries are all at your door step.
Please meet in the Foyer of The Oaks approximately five minutes prior to scheduled opens.
For further information please contact Mark Burns.
Visit www.glenelg.ljhooker.com.au to view other LJ Hooker Glenelg Listings.
RLA 182909
Property History for 315/16 Holdfast Prom, Glenelg, SA 5045
- 19 Oct 2017Listed for Sale $397,000 - $420,000
- 29 Nov 2004Sold for $405,000
- 12 Nov 2004Listed for Sale $400,000 - $420,000
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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 3,517 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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