502/16 Holdfast PromenadeGlenelg SA 5045
Property Details for 502/16 Holdfast Prom, Glenelg
502/16 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 50m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in June 2024.
Last Listing description (July 2024)
Occupying a fifth-floor position within the Oaks Glenelg Plaza Pier Suites, this refurbished single bedroom apartment epitomises carefree coastal living.
With superb private balcony views over both Colley and Wigley Reserves with glimpse of the Hills painting a most attractive backdrop, the sea air has never smelt so sweet.
You'll find everything you need in a bathroom with shower over bath and full-height tiling and bedroom with built-in robe and dual sliding doors onto the living and dining space overlooked by a kitchen equipped with dishwasher and more storage than you might expect.
Currently leased to Oaks Pier Plaza and showing a Nett Return of 4.9%.
Just 400m from the bustling Moseley Square and Jetty Road and the Marina even closer, you'll be spoilt for choice when it comes to dining out, though with bars and restaurants, an indoor lap pool, heated spa, sauna and gym all located on the second floor of the building, it's equally tempting to stay in.
Easy access to the tram makes for the simplest of city commutes, while shops, golf courses, schools and the Airport are all close by.
A very sound investment in any light.
Specifications:
CT / 5886/837
Council / City of Holdfast Bay
Council Rates /$1,181.45 pa
SA Water / $153.70 pq
ES Levy / $203.80 pa
Admin Fee / $1,649.00 pq
Sinking Fund / $82.00 pq
Property History for 502/16 Holdfast Prom, Glenelg, SA 5045
- 05 Jun 2024Sold for $470,000
- 17 Apr 2024Listed for Sale $459,000 to $479,000
- 31 May 2023Sold for $435,000
Recent sales nearby
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0About 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 3,492 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:
- 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.
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