16/18 Raymond Grove

Just moments from the iconic Jetty Road precinct, Marina Pier, and the golden sands of Glenelg Beach, this rare real estate opportunity delivers immediate income and effortless coastal lifestyle appeal. Offering ultimate flexibility, this unique package comprises two self-contained properties on a single title-perfectly positioned to capitalise on Adelaide's thriving tourism market, lease out long-term, or even live in one while renting out the other. Step inside and discover two beautifully presented, mirror-image apartments, each thoughtfully designed to maximise space, natural light, and modern comfort. Each unit offers a functional 28m2 of bright living space, elevated with brand-new, stylish hybrid flooring that flows seamlessly through the open-plan living and dining areas, providing a durable, contemporary finish perfectly suited to a premium beachside location. Each apartment features a highly functional kitchen with ample bench space and cabinetry, while the combined living, dining, and bedroom zones create flexible spaces that work as hard as you need them to. The independent bathrooms are neat and well-appointed, with Unit 16 featuring a full-size bathtub setup and Unit 17 offering a streamlined, modern shower layout to perfectly match the official floorplans. Year-round climate control is completely taken care of with brand-new split-system air conditioning installed in each unit, ensuring absolute comfort for guests or tenants. Smart built-in storage and a streamlined layout ensure ease of living without compromise, while both properties also come with their own designated, reserved 12.5m2 off-street car space right outside the front door-bringing the total entitlement for each individual unit to a generous 40.5m2. The real magic here is the lifestyle location. You're less than a 10-minute walk from Jetty Road's vibrant mix of cafes, boutiques, and restaurants, and even closer to the sparkling waterfront-making this property an absolute magnet for short-stay holidaymakers. Whether you continue the successful short-term accommodation model for both, or move into one yourself to enjoy a beachside lifestyle with a built-in income stream next door, the business opportunity here is significant. Glenelg is one of Adelaide's most enduring and desirable coastal suburbs, offering year-round appeal, strong rental demand, and a lifestyle that draws visitors from across the country. With the tram just a short stroll away for a direct link to the CBD, this is a rare, low-maintenance property asset that ticks every single box. What You'll Love: • Two self-contained properties on a single title (rare dual-income opportunity) • Smart layout for each apartment featuring 28m2 of dedicated living space • Ultimate flexibility: rent both out as short-term holiday stays, or live in one and lease the other • Freshly updated with premium, durable hybrid flooring throughout the living zones • Clever open-plan living, dining, and bedroom zones designed to maximise space • Fully independent kitchens and neat bathrooms (Unit 16 with bathtub, Unit 17 with shower) • Brand-new split-system air conditioning units installed in both apartments • Prime Glenelg location, moments from Jetty Road, the beach, and Marina Pier • Two dedicated, reserved 12.5m2 off-street parking spaces (Totaling 40.5m2 per unit) • Exceptionally strong rental demand in Adelaide's premier beachside precinct • Walk to the tram, local cafes, boutique shopping, and the sea • Strata Title (Admin: $422.05 PQ + Sinking: $109 PQ) • Year of Build: 1970 • Local Council: City of Holdfast Bay • Council Rates: $ 330.72 PQ • ESL: $107.95 PA • Rental Estimate: $400 - $450 PW (Each) • Water Supply: $82.30 PQ • Sewer: $94 PQ • Heating and Cooling: Split System Air Conditioning Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. To submit an offer please copy and paste this link into your browser: https://tinyurl.com/16-18RaymondGr Auction: On Site Saturday August 1st at 11am (USP) Any offers submitted prior to the auction will still be under auction conditions. It is the purchaser's responsibility to seek their own legal advice and a Form 3 Cooling-Off Waiver. PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a printout of recent local sales to help you in your value research.