Back 518/16 Holdfast Promenade
Off Market

518/16 Holdfast Promenade

Glenelg SA 5045

2
2
1
Apartment
Last sold for $990,000
Adam RiceAdam Rice, last sold this property on 02 March 2026 after 14 days on market.

Overview

Front Row Position on Glenelg's Iconic Foreshore

Positioned on the absolute beachfront and capturing uninterrupted views across the sparkling waters of Glenelg, this spacious apartment offers an exceptional coastal lifestyle with flexibility, comfort and secure parking in one of Adelaide's most iconic seaside locations. With generous internal proportions, a private balcony and direct outlook to the jetty and shoreline, this is the perfect opportunity for investors, holidaymakers or those seeking a low-maintenance beachside residence. The floorplan reveals a well-considered and flexible layout offering two distinct living zones or a large master suite. The main open plan living and dining area is filled with natural light and seamlessly connects to the balcony, where sliding doors frame breathtaking ocean views and invite in the sea breeze. The well-appointed kitchen offers ample storage and quality appliances including a cooktop, oven and dishwasher, seamlessly connecting to the living and dining area for easy entertaining while remaining separate from the bedrooms. The accommodation includes a spacious master bedroom with built-in robes and private ensuite, a second bedroom with built-in robe, and a central main bathroom complete with bath, shower, vanity and toilet. Additional features include secure undercover private parking, secure building access, and an overall layout that provides approximately 87sqm of internal living plus balcony and parking allocation. The apartment's neutral tones and modern finishes create a comfortable and inviting environment that suits both permanent living and holiday accommodation. Set in the heart of Glenelg, this premium beachfront address places you just moments from Jetty Road's vibrant café and restaurant scene, boutique shopping, and entertainment precinct. Enjoy easy access to Glenelg Beach, the Glenelg Jetty, the Marina Pier dining options and coastal walking trails. Public transport including the Glenelg tram provides direct access to the Adelaide CBD. Local schooling options include Glenelg Primary School, St Mary's Memorial School and Immanuel College, with nearby parks and recreational facilities completing this outstanding lifestyle opportunity. What we love: - Absolute beachfront position with uninterrupted ocean and jetty views - Ducted reverse cycle air conditioning throughout - Private balcony overlooking Glenelg Beach - Spacious open plan living and dining area - Two generous bedrooms - Primary bedroom with built-in robe and ensuite - Second bedroom with built-in robe - Main bathroom with full-sized bath and shower - Well-appointed kitchen with ample storage - Cooktop, oven and dishwasher - Secure undercover private parking space - Secure building access - Additional balcony space - Pool, gym and sauna amenities - Flexible layout suited to owner-occupiers, investors or holiday accommodation - Walking distance to Jetty Road cafés, restaurants and shopping - Close to Glenelg Jetty and Marina Pier - Easy tram access to Adelaide CBD - Title type: Strata Title - Local Council: City of Holdfast Bay - Council Rates: $412.22 PQ - Admin Fund: $2,859.00 PQ - Sinking Fund: $129 PQ - ESL: $167.25 PA - Rental Estimate: $800 - $850 PW - Water Supply: $82.30 PQ - Sewer: $128.33 PQ Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. To submit an offer please copy and paste this link into your browser: https://tinyurl.com/bdvzpcef

Features

2 bedrooms
2 bathrooms
1 carspace
1 carport space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Glenelg over the last 12 months, the estimated median property value of 518/16 Holdfast Promenade is $950k.

Median value
$950k
Estimated value range
$445k - $1.9m
Median days on market
26
Estimated value trend
12%
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 518/16 Holdfast Promenade

2026
Sold
$990,000
02 Mar 2026 by Adam Rice, of Ray White Glenelg

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 2 bedroom apartments in Glenelg

In the last 12 months, 23 two-bedroom apartments similar to 518/16 Holdfast Promenade, have been sold.

This represents a 8% increase in two-bedroom apartments sales when compared to the previous 12 months.

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