520/16 Holdfast PromenadeGlenelg SA 5045
Property Details for 520/16 Holdfast Prom, Glenelg
520/16 Holdfast Prom, Glenelg is a 1 bedroom, 1 bathroom Unit and was built in 2002. The property has a land size of 62m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (April 2021)
Under contract first week, with genuine buyers registered and ready to purchase in this building.
Stunning position for this spacious Fifth Floor 1 bedroom apartment, enjoy your own breathless uninterrupted sunsets and have the flexibility to enjoy.
If you are looking for the perfect addition to your investment portfolio (currently leased to the Oaks Hotel Group) or you may be looking for the perfect weekender, you could even move in and enjoy the cosmopolitan lifestyle that beach side Glenelg can provide. Perfectly placed with your own private balcony overlooking the pristine Glenelg coastline position is perfect.
What we love about this one:
Absolute beachfront location.
Fully furnished and leased back to the Oaks Group (figures available to view).
Private entertainers balcony with splendid views of the coastline.
Open plan living/dining complete with cable tv, internet access, direct dial telephone, writing desk and individually controlled reverse cycle air conditioning.
Stylish and well-appointed chefs kitchen complete with all your cooking and dining utensils. A European style laundry is also discreetly hidden behind cupboard doors.
The bedroom features two sliding doors that open the whole apartment up, providing ocean views from your bed. There is even ensuite access to the bathroom.
The bathroom is spacious and comes complete with bathtub.
The complex even features resort like facilities including an indoor heated lap pool, spa & a gymnasium. Add to that a mix of food and beverage options that is sure to please.
With everything that Glenelg has to offer on your doorstep including the Holdfast Marina (with its restaurants and cafes), vibrant Jetty Road and public transport including the City to Bay tram, explore the location and lifestyle that is on offer here.
For further information or to view this lovely apartment contact Richard Wedding on 0418 351 007 or email Richard.wedding@eliterealestatesa.com.au.
Property History for 520/16 Holdfast Prom, Glenelg, SA 5045
- 16 Apr 2021Sold for $440,000
- 18 Feb 2021Listed for Sale $425,000 to $450,000
- 04 Mar 2016Listed for Sale $395,000
Recent sales nearby
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About Glenelg 5045
The size of Glenelg is approximately 1.0 square kilometres. It has 5 parks covering nearly 6.3% of 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 3,485 properties. Over the last 5 years, Houses in Glenelg have seen a 119.84% increase in median value, while Units have seen a 70.00% increase. As at 31 October 2025:
- The median value for Houses in Glenelg is $2,193,002 while the median value for Units is $724,538.
- Houses have a median rent of $650 while Units have a median rent of $550.
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