1/38 Adelphi CrescentGlenelg North SA 5045
Property Details for 1/38 Adelphi Cres, Glenelg North
1/38 Adelphi Cres, Glenelg North is a 6 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 1950. The property has a land size of 900m2 and floor size of 354m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (February 2022)
Ahoy there salty sea lovers with a hankering for the finer things in life, this waterfront 900sqm corner allotment (approx.) is a great catch!
Located on the grassy banks of the Patawalonga River with the Holdfast Marina close by, it is a soul-enriching sun-drenched stroll from here to the glorious beachfront and on to Jetty Road where summertime fun never ceases. Truly one of South Australia's most iconic and popular tourist attractions, there is no better place to be as the locals and visitors alike will tell you.
Presently, the original home incorporates three dwellings with dual street entry. All three dwellings are currently tenanted and netting a collective weekly return of $893 ($975 per week from 23rd Nov 2021).
Potentially this lucrative investment could continue, or you may choose to demolish and build a luxurious waterfront residence where simply stepping out of the front door invokes a serene sense of wellbeing.
Alternatively, developers may be able to subdivide this valuable 900sqm block (approx.) into three or more two-storey executive homes, subject to council consent.
The property includes a garage, carport, shared laundry and established front and rear gardens. It is divided internally as follows:
The main home includes a formal entry, three bedrooms, living, dining, kitchen, bathroom and laundry. Current rental is $378 per week ($450 per week from 23rd Nov 2021).
Unit One includes one bedroom, living room, eat-in kitchen, bathroom. Rental is $470 per fortnight.
Unit Two includes two bedrooms, living room, kitchen, bathroom, Rental is $560 per fortnight ($580 per fortnight from 19 Nov 2021).
Along with the sparkling ocean, silver sands and breathtaking golden sunsets, historic Glenelg boasts:
Colley Reserve the home of the famous 'Bay Sheffield'
The Glenelg Golf Course
Moseley Square and the exclusive 'Moseley Beach Club'
Beach volleyball
Sunset cruises
The home of historic Proclamation Day celebrations
Boutique shopping
Trendy restaurants and cafs on Jetty Road
Seafood and champagne at Holdfast Shores
International beachfront concerts don't miss SummerSalt!
Glenelg Surf Living Saving Club
Excellent schools
Public transport options of bus and tram
Quick city commuting
With all this going on, 38 Adelphi Crescent is definitely the place to drop anchor!
Please refer to last image regarding COVID-Safe protocols.
LET'S TALK
RLA 267639
Property History for 1/38 Adelphi Cres, Glenelg North, SA 5045
- 21 Feb 2022Sold for $2,455,000
- 22 Oct 2021Listed for Sale SOLD AT AUCTION!
- 08 Apr 2016Listed for Rent - Price not available
Recent sales nearby
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0About Glenelg North 5045
The size of Glenelg North is approximately 2.8 square kilometres. There are 22 parks, covering nearly 9.4% of the total area. The population of Glenelg North in 2016 was 6254 people. By 2021 the population was 6594 showing a population growth of 5.4% in the area during that time. The predominant age group in Glenelg North is 30-39 years. Households in Glenelg North are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glenelg North work in a professional occupation.In 2021, 63.30% of the homes in Glenelg North were owner-occupied compared with 60.90% in 2016.
Glenelg North has 3,893 properties. Over the last 5 years, Houses in Glenelg North have seen a 67.58% increase in median value, while Units have seen a 92.76% increase. As at 31 May 2026:
- The median value for Houses in Glenelg North is $1,419,559 while the median value for Units is $799,927.
- Houses have a median rent of $768 while Units have a median rent of $550.
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