319/16 Holdfast PromenadeGlenelg SA 5045
Property Details for 319/16 Holdfast Prom, Glenelg
319/16 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 81m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (December 2024)
Enjoying superb uninterrupted ocean views over Glenelg and the foreshore, this stunning third floor apartment is the beachside pad or investment of a lifetime.
Located within the iconic Oaks Glenelg Plaza on Holdfast Promenade, all of the precinct's attractions are at your fingertips here, including The Marina, Jetty Road's endless bars and eateries, shops, hotels, tram and bus transport, a simple 10km commute from the CBD.
Two bedrooms are well-proportioned and complete with built-in robes, the master enjoying access to an ensuite bathroom with corner shower, with the convenience of a second bathroom with shower over bath and laundry facilities.
A well-equipped kitchen offers substantial storage space, a dishwasher and electric cooktop for eating in, overlooking a carpeted living and dining space with big picture windows and private balcony providing unbeatable ocean and summer sunset views.
More you'll adore:
- One allocated under building carpark
- Ducted reverse cycle air conditioning
- Use of communal facilities including gym and pool
- Currently leased back to the Oaks Hotel & Resort
- Absolute Net return exceeds 5.0% for 23/24 FY.
Possible Stamp Duty exemption for corporate Investors.
Location, lifestyle and luxury, beachside bases don't come better than this.
Specifications:
CT / 5886/790
Council / City of Holdfast Bay
Council Rates /$1,517.45 PA
SA Water / $195.23 PQ
ES Levy / $332.60 PA
Property History for 319/16 Holdfast Prom, Glenelg, SA 5045
- 04 Nov 2024Sold for $1,000,000
- 13 Aug 2024Listed for Sale Contact Agent
- 03 Dec 2002Sold for $454,900
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 3,517 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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