716/16 Holdfast PromenadeGlenelg SA 5045
Property Details for 716/16 Holdfast Prom, Glenelg
716/16 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 74m2. While the property is not currently for sale or for rent, it was last sold in March 2016.
Last Listing description (March 2016)
Returning $2,500 per month from the Oaks Group - Almost cash flow positive!
With beachfront views, set in the Oaks Plaza Pier, this stylishly designed two bedroom apartment is perfect to live in or use as an investment and place under hotel management.
Perfectly self contained, the stylish kitchen area boasts Smeg oven with electric cooktop, Miele dishwasher and integrated fridge. Laundry facilities are also hidden within this area. The two bedrooms are spacious, both with built in robes. A clever sliding divider closes off the second bedroom from the main living area. A two way bathroom is fully tiled, with entrance points from the main living and also the bedroom. The north facing master bedroom overlooks the Marina promenade with balcony space and features fully tiled ensuite.
Setting the standard for 4.5 star, serviced accommodation, the Oaks Plaza Pier is one of Glenelg s best apartment-style hotels. The first-class leisure facilities including an indoor heated lap pool, spa, fully equipped gymnasium and a variety of cafes, restaurants and bars such as the new 'The Rocks' restaurant.
Adjacent to the Holdfast Marina, a stone s throw from Glenelg s centre and just a tram ride from the CBD, this is perfect to live in or capitalise on the buzzing tourism industry and invest.
Features:
Opportunity to live in, or rent through hotel management
Well designed, spacious apartment
Large balcony space
Nearby:
Jetty Road
Views of the beach and marina precinct
A short tram ride from the CBD
Property History for 716/16 Holdfast Prom, Glenelg, SA 5045
- 16 Mar 2016Sold for $655,000
- 04 May 2015Listed for Sale $695,000
- 04 Feb 2009Listed for Rent - Price not available
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 3,493 properties. Over the last 5 years, Houses in Glenelg have seen a 58.15% increase in median value, while Units have seen a 88.35% increase. As at 31 May 2026:
- The median value for Houses in Glenelg is $1,889,949 while the median value for Units is $865,079.
- Houses have a median rent of $850 while Units have a median rent of $580.
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