Back 503/16 Holdfast Promenade
Off Market

503/16 Holdfast Promenade

Glenelg SA 5045

1
1
51 m²
2426 m²
Apartment
Last sold for $480,000
Phil TropeanoPhil Tropeano, last sold this property on 20 May 2025 after 15 days on market.

Overview

Beachside Apartment With Resort-Style Leisure Amenities

Whether a weekend retreat for hard-working city-slickers or a lucrative investment asset you can rent on a short or long-term basis, this one-bedroom apartment on the 5th floor of Oaks Plaza Pier, right on the beachfront, is the perfect place to experience glorious Glenelg. A moment first for this stellar location: you're mere metres from the sandy shores of Glenelg Beach itself, and about a 5-minute walk to Jetty Road's family-friendly dining precinct and trams into town, as well as up-market restaurants at neighbouring Holdfast Shores Marina. Plus, life at Oaks Plaza Pier comes with perks like all-year use of a heated indoor swimming pool, a sauna and fully equipped gym. The apartment itself is stylishly appointed and impeccably well-maintained, capturing sky-high views over Colley Reserve's iconic pine trees from its spacious bedroom, as well as the combined kitchen/meals/living area which extends onto a generous covered balcony with glass balustrading. All up there's a manageable 42 sqm of internal living, every inch thoughtfully allocated. The tiled entry hall branches into a full-height tiled space savvy bathroom, before opening into a carpeted living/meals framing a tiled galley-style kitchen with stainless all-electric appliances. Twin sets of sliders can open the carpeted bedroom to the lounge and hall, creating an airy retreat for sweet sleep. Everyone loves a slice of the seaside life so you know this beauty will be a cinch to rent out, whether that's year-round or in-between your own stays. This is an unparalleled beachfront location that will be a winner forever! FEATURES WE LOVE • Stylish 1-bed apartment inside beachfront Oaks Pier Plaza • Fabulous 5th floor views over Colley Reserve • Plush carpeted open-plan living/meals beside a tiled galley-style kitchen • Living area opens through sliders onto a spacious covered balcony • Savvy kitchen fit out: sleek white cabinetry, mosaic tiled splashbacks behind electric cooker, sparkling stainless dishwasher and plenty of storage • Carpeted bedroom with ample closet space + twin sliders opening onto living area & passage • Floor-to-ceiling tiling in the bathroom, a glass-framed shower-over-bath combo • Occupant access to Oaks Pier Plaza's heated indoor pool, gym & sauna LOCATION • Beachfront apartment in Oaks Plaza Pier • Step out the complex entrance and straight onto Colley Reserve • Literally metres to Glenelg Beach • 5-minute walk to vibrant Jetty Rd entertainment/dining, less to Holdfast Shores Marina • 5-minute walk to the tram for hassle-free half-hour commutes into town • 10-minute walk to Coles, 15 to Woolies Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign. Property Details: Council | HOLDFAST BAY Zone | UN - Urban Neighbourhood Land | TBCsqm(Approx.) House | 51sqm(Approx.) Built | 2002 Council Rates | $1260.85 pa Water | $TBC pq ESL | $103.55 pa

Features

1 bedroom
1 bathroom
51 m² floor area
2426 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Glenelg over the last 12 months, the estimated median property value of 503/16 Holdfast Promenade is $535k.

Median value
$535k
Estimated value range
$470.5k - $950k
Median days on market
28
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Glenelg. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 503/16 Holdfast Promenade

2025
Rented
Undisclosed
Leased on 26 Jul 2025 by Wemark Real Estate
2025
Sold
$480,000
20 May 2025 by Phil Tropeano, of Ray White Grange

Happy sellers in Glenelg

94%
94% of sellers in Glenelg reported that their sale price either exceeded or met their price expectations.

Glenelg stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Glenelg over the last 12 months.

Local market activity for 1 bedroom apartments in Glenelg

In the last 12 months, 20 one-bedroom apartments similar to 503/16 Holdfast Promenade, have been sold.

This represents a 34% increase in one-bedroom apartments sales when compared to the previous 12 months.

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