Buyer splashes $355,000 to secure marina berth in prime Adelaide spot

A boating enthusiast has splashed a significant sum to secure a prime marina berth.

Marina berth 325/4 at Holdfast Promenade in Glenelg, Adelaide, sold on February 28 for $355,000.

Listed by Heath Lapthorne of Taplin Real Estate, the marina berth is nearly the same price as an apartment in the South Australian capital.

Domain’s December 2022 Quarter House Price Report reveals the median price for a unit in Adelaide is $422,080. A year prior, the median was $370,481.

325/4 Holdfast Promenade, Glenelg, South Australia
See photos of the listing here

SOLD - $355,000

325/4 Holdfast Promenade, Glenelg SA 5045

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“Perfectly located freehold 13 metre berth has a 5.75 metre width,” the listing states.

Located on the sheltered side of the main spine, the berth offers “easy manoeuvring for docking and protection from incoming weather”.

As part of the $355,000 fee, available facilities include electricity and water, fuel, CCTV security and 24-hour access.

The location has been marketed as offering a “sophisticated and cosmopolitan lifestyle” with various dining and entertainment options.

Glenelg is a beachside suburb of Adelaide that’s known for its pubs, cafes, boutiques and family friendly amenities.

Four properties for sale in Glenelg, South Australia

15A Pier Street
See photos of the listing here

SOLD - $1,910,000

15A Pier Street, Glenelg SA 5045

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15A McCann Avenue
See photos of the listing here

SOLD - Price Withheld

15A McCann Avenue, Glenelg North SA 5045

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8 Gore Street
See photos of the listing here

SOLD - $1,502,000

8 Gore Street, Glenelg North SA 5045

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3/90 Tapleys Hill Road
See photos of the listing here

SOLD - $697,000

3/90 Tapleys Hill Road, Glenelg North SA 5045

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