423/16 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 60m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Currently leased through the Oaks Hotel Group with an annual income of $28,000 to $32,0000 per annum. This stunning apartment is located on the fourth floor with views to the sea and the Marina too. Perfectly positioned on 61sqm this large one bedroom apartment is spacious and elegant, with the added bonus of a carpark.
Enjoy the views from the balcony, go for a spa, sauna or swim in the pool or pop out the front to the beach. Go to the ground floor and enjoy a meal in one of the restaurants or a drink in the local bar. All of this luxury and entertainment without even leaving the building!
The large bedroom has sea views and built in robes, while the modern bathroom has a bath and shower. The well equipped kitchen has plenty of storage plus dishwasher and looks over the sitting room.
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 3,492 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:
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