1222/29 Colley Terrace, Glenelg, SA 5045

This luxurious Penthouse is as spectacular as the views it commands. In one of Adelaide's most prestigious locations this one-of-a-kind residence manages to be as calming as the ocean and as invigorating as the heart of Glenelg itself. A space not just for living, but feeling truly alive, this Penthouse is a stunning sky sanctuary in the heart of Glenelg. Currently rented out through AIRBNB, this property provides a substantial return on investment year round.

Inside, the Penthouse offers a private elevator foyer / entrance hall, 3 bedrooms, 2 ensuites, a grand living room, access to three large separate balconies where you can easily entertain in the ultimate style, a generous kitchen, a dining area, an office, and a separate laundry.
The living room is the centre piece of the apartment, with access to a large balcony, where you can host cocktail parties' dinners or just sit and enjoy the sunsets in full peace and privacy.
The open home design joins the living room to the immaculate dining and kitchen, whilst ensuring the incredible views throughout. Plentiful amounts of cupboard, bench space and deluxe European appliances, define this kitchen.

Key feature:
• Luxurious master suite featuring a large bedroom with breath-taking views and access to the large private balcony, a spacious walk-in wardrobe and stunning ensuite bathroom complete with shower, toilet, vanity, and a luxury spa bath
• Two additional bedrooms are both generous in size, feature large built-in wardrobes
• Incredibly spacious, open-plan family living and dining area featuring soaring high ceilings and stunning floor-to-ceiling windows/doors with direct access to the large private balcony
• Private elevator foyer & entrance hall
• Second kitchen/bar located upstairs
• 3 large private balconies offering 180-degree views of the ocean and Colley reserve
• Ample storage located on the second level providing substantial opportunity to house all of your most treasured wines or other belongings
• Outdoor sky deck with BBQ area & 6-person spa
• Two designated personal carparks conveniently located beneath the complex with lift access to your apartment

Council Rates: $900 PQ
Water Rates: $356 PQ
Strata Rates: $3,180 PQ
Short-Term Rental Income: $150,000 Gross PA

If you would like more information regarding Belle Escapes short term rental info, the property income and running costs please feel free to get in touch.

Glenelg is one of Australia's most renowned and highly sought after beachside suburbs for a very distinct reason - it has everything one would desire when constructing the lifestyle of their most ambitious dreams. Imagine waking up to the beautiful sea breeze and taking in pristine views of the picturesque coastline before going for a stroll along the boardwalk to pick up your morning coffee from one of Glenelg's trendy cafes. Perhaps after taking advantage of the array of cosmopolitan shopping options along Jetty Road, you'll make your way to one of the Marina Pier's award-winning restaurants, and then head straight back to the comfort of your penthouse apartment and settle in for the night. There's something uniquely special about life in Glenelg, and now is your opportunity to experience it for yourself - your future awaits.

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 (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
RLA 254416