716/16 Holdfast Promenade, Glenelg SA 5045

Returning $2,500 per month from the Oaks Group - Almost cash flow positive!

With beachfront views, set in the Oaks Plaza Pier, this stylishly designed two bedroom apartment is perfect to live in or use as an investment and place under hotel management.
Perfectly self contained, the stylish kitchen area boasts Smeg oven with electric cooktop, Miele dishwasher and integrated fridge. Laundry facilities are also hidden within this area. The two bedrooms are spacious, both with built in robes. A clever sliding divider closes off the second bedroom from the main living area. A two way bathroom is fully tiled, with entrance points from the main living and also the bedroom. The north facing master bedroom overlooks the Marina promenade with balcony space and features fully tiled ensuite.

The main living area has north western aspect, looking and leading to the wide corner balcony with ocean views. Cable tv, internet access, direct dial telephones, writing desk and individually controlled reverse cycle air conditioning are all available to guests.
Setting the standard for 4.5 star, serviced accommodation, the Oaks Plaza Pier is one of Glenelg’s best apartment-style hotels. The first-class leisure facilities including an indoor heated lap pool, spa, fully equipped gymnasium and a variety of cafes, restaurants and bars such as the new "The Rocks" restaurant.
Adjacent to the Holdfast Marina, a stone’s throw from Glenelg’s centre and just a tram ride from the CBD, this is perfect to live in or capitalise on the buzzing tourism industry and invest.

Features:
Opportunity to live in, or rent through hotel management
Well designed, spacious apartment
Large balcony space

Nearby:
Jetty Road
Views of the beach and marina precinct
A short tram ride from the CBD