513/16 Holdfast Promenade, GLENELG, 5045, South Australia

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Subject: 513/16 Holdfast Promenade, GLENELG, 5045, South Australia

Sold

Sold for $650,000 (Sep 29, 2017)

Stunning 'Dual Key' Beachside Apartment - A Rare Opportunity On Offer in Pri...

Property ID: 17326826

Rarely does an opportunity like this in the fabulous Oaks Plaza Pier present itself to the market for sale.

A spacious 2 bedroom apartment with panoramic sea views, fully furnished with attractive contemporary decor, and secure double entry offering complete flexibility & many options for the buyer.


Located on the 5th level overlooking the beach, take advantage of the live in or let out options. With an exterior hallway door leading to two secure key-card entrances it’s just like having two apartments all on the one title.

For beach lovers searching for a permanent holiday lifestyle all year round this is the one! On offer is a spacious self contained 2 bedroom/2 bathroom layout complete with secure undercover car park, where you can have friends stay for holidays in your own apartment yet all in the privacy of the studio wing. Enjoy the use of premium facilities including indoor pool, spa, sauna and gymnasium in what has to be one of Glenelg’s best apartment style hotels.

For the astute investor an exceptional investment opportunity presents. Place the apartment under hotel management as the current owners have successfully done and reap the benefits of being able to let out wholly as a 2 bedroom apartment, or individually as 1 bedroom apartment and separate studio apartment. Have the flexibility to book your apartment whenever you feel like a short getaway stay!

HIGHLIGHTS;

- Spacious 2 bedroom apartment, or 1 bedroom & separate studio

- Open plan living area with private balcony looking on to beautiful sea views

- Modern well equipped kitchen with dishwasher

- 2 Bathrooms, main with bath and two way entry

- Ducted reverse cycle air-conditioning

- Secure swipe card entry to floor level and apartment double entry

- Secure undercover car park

A rare opportunity on offer, situated in this prime seaside location close to Jetty Road and all the buzz of Holdfast Shores with its myriad of cafes, bars and nightlife. For further information contact Alan Gobec of Raine & Horne on 0403 987 853.

RLA 144653

Building / Floor Area97 sqm
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R&H Suburb SummaryHouses
Number of sales 12
Average Price $691,375
Median Price $785,000
Median Rental Price $580 p.w.
Change in Rental Rate (5yr) 26 %
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Number of sales 133
Average Price $495,968
Median Price $481,375
Median Rental Price $395 p.w.
Change in Rental Rate (5yr) -1 %
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