About this property
16/7 Holdfast Promenade is a 1‑bedroom, 1‑bathroom apartment unit with two allocated car spaces. The internal living area is approximately 87 m² on a registered land parcel of about 107 m². Built in 1999, the unit forms part of the 7 Holdfast Prm residential complex that overlooks the beachfront and Gulf St Vincent.
Estimated market value models estimate the market value of the unit at roughly $1.5 million, with estimated weekly rent of $785. The most recent recorded sale was in March 2016 for $680,000. The property enjoys a prime beachfront location, providing direct views of the ocean and easy access to Glenelg’s popular beach, promenade, and local amenities
Also written as Unit 16, 7 Holdfast Promenade.