315/16 Holdfast Promenade GLENELG SA 5045
$397,000 - $420,000

DESCRIPTION

Subject to an individual ruling by Revenue SA this unit could well be stamp duty exempt if your proposed end use is as a managed short stay holiday rental.

Whether you are looking for an apartment to rent out, live in or a bit of both, then this release may just fit the bill.

Situated in the Oaks Plaza in the prime Glenelg beach position, this one-bedroom apartment offers the ideal pad for a busy executive or indeed a retiree.

Stunning Westerly vistas provide uninterrupted gulf views as far as the eye can see.

A full galley style kitchen equipped with European appliances has easy access to the open plan living room and meals area. The bedroom via a sliding screen also opens onto the living area and has direct access to the bathroom and the European style laundry.

Being part of a 4.5-star development, the apartment also benefits from a fully maintained indoor pool, fully equipped gym, spa and sauna.

Pay TV and internet services are available and there is a secure underground car park assigned specifically to the apartment.

The option of renting this fully furnished apartment out is also available through the Management by the Oaks Group. The 2016/2017 Gross income for this property was $56,290. Full financials are available upon request.

This may be an ideal option for those who travel extensively or those who live intrastate and only wish to use the apartment for personal use on a few occasions throughout the year.

Whether the end use of the apartment is residential or executive rental, the positioning could not be better. Glenelg's beach, Jetty Rd shops and tram plus the myriad of watering holes and eateries are all at your door step.

Please meet in the Foyer of The Oaks approximately five minutes prior to scheduled opens.
For further information please contact Mark Burns.

Visit Visit Website to view other LJ Hooker Glenelg Listings.

RLA 182909