24/23 Colley Terrace, Glenelg East SA 5045

Surrounded by Glenelg's village charms and spectacular 270o views, there will never be a more perfect opportunity to invest or nest right on Adelaide's iconic seafront.

Located on the sixth floor, this two-bedroom money-spinner with Jetty-view balcony currently grosses $360 a week and is leased until 21 October 2016. Opposite the rolling green lawns of Colley Reserve, it offers a carefree investment or lifestyle lair in the walk-everywhere heart of Adelaide's favourite seaside destination.

Freshly painted to please and featuring new carpets, new floating timber floors, new stainless steel oven and a completely renovated bathroom save for the original bath; these recent updates just add to the value proposition here. While wholly in line with current rental market expectations, there is still scope for the nester to further upgrade and personalize.

With a mix of owner-occupiers and long-term tenants - holiday lets are not permitted - a peaceful living environment is assured within the 10-storey community.

The apartment comes with its own lock-up garage, conveniently located next to the rear entry door and lift, making it easy to unload shopping and kids.

But it's the location that takes top honours here; just a short walk to the beach, sidewalk cafes and cosmopolitan dining experiences in and around Jetty Road, Moseley Square and the Marina. Colley Reserve is a bonus expanse of green. A 25-minute tram ride separates the CBD. Bask in the returns or the sunsets, and get the Glenelg Glo!


Bonus features
Fujitsu r/c air conditioner
Canvas awning to living area's west-facing windows
Visitor intercom
Single garage with auto roller door & access via Durham Street
Built-in storage to main bedroom and living area
Private balcony with space for a barbecue & café setting
Westinghouse stainless steel oven
Separate laundry