$295,000

1 Bed  •  1 Bath  •  1 Car

Main view of Homely apartment listing, 101/16 Holdfast Promenade, Glenelg SA 5045
Floorplan of Homely apartment listing, 101/16 Holdfast Promenade, Glenelg SA 5045
Second view of Homely apartment listing, 101/16 Holdfast Promenade, Glenelg SA 5045
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Sold

101/16 Holdfast Promenade, Glenelg SA 5045

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$295,000

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Apartment Sold on Wed 13 Feb, 2019

What's around Holdfast Promenade

Apartment description

“Exceptional rental return on offer”

$1,523.67 rental return per month guaranteed. One of the highest yielding property returns you will find in Adelaide is now available.

This is as cool and affordable as an apartment gets! On the famed esplanade strip sits this one bedroom apartment overlooking the lush greenery of Colley Tce.

Singles or couples will love both the stylish location and the low maintenance convenience of this first floor apartment which is just minutes to the tram to the city - a relaxing journey to work. Everything, and I mean everything is included - irons, kettles, cutlery, sheets - you name it! All the hard work has been done for you, you just need to turn up and enjoy.

Investors will appreciate the opportunity to either rent the apartment out as it was previously on a fixed term agreement ($380 - $420/week), or look at doing it on a short term basis through the Oaks Group (where all aspects of the rental are handled and the returns are substantial). In addition you get to book out the apartment for yourself whenever you choose - you can indeed have your cake and eat it!

The facilities are excellent with a pool and gym, 3 restaurants and a bar all there for your enjoyment and convenience - no more cleaning dishes or even having to cook, although the kitchen is amply supplied with all the requisite cooking utensils for the budding chef.

This really should be an easy sell - spend the quality time you want with friends and family - stroll along the world class esplanade or take in multiple cafes and restaurants all within about 100m of the building - and let someone else take care of the boring stuff: perfect!

Specifications:
CT / 5886/704
Council / City of Holdfast Bay
Strsta / Whittles
Zoning / GFP
Built / 2002
Council Rates / $976pa
Strata Rates / 1,251pq
SA Water / $151.45pq
ESL / $176pa

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 (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

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101/16 Holdfast Promenade, Glenelg SA 5045
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