Glenelg

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There was a $2.39 million sale in Adelaide, which had the strongest clearance sitting in the 60s. 
The $2.39 million sale was three bedroom house at <a id="LPlnk398154" class="x_OWAAutoLink" href="https://www.realestate.com.au/property-house-sa-glenelg+north-130005010" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">21 North Esplanade, Glenelg North</a>.
It was a mortgagee offering through Jamie Brown at Bernard Booth.
The new beachfront residence came with some 600sqm of living space with views of Gulf St Vincent across three levels.
It is a four year old beachfront.
<img src="https://www.urban.com.au/images/2019/2/12/GLenelg%202.JPG" alt="">
The residence is spread across three floors, all accessed by a lift.
It features garaging for six cars, Carrara marble tiles, a plunge pool and a gas fireplace.
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/1/Subscriber%20strip%20ad.jpg" alt=""></a>
Earlier this year the home had an asking price of $2.7 million to $2.9 million.
It last sold for $1.56 million in 2012 and in 2007 it went for $2 million.
The median price for a home in <a href="/developments/glenelg-north-sa-5045">Glenelg North</a> is $682,250 according to CoreLogic, which calculate its annual change in median price over the past 10 years as 2.5%.
 
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Mortgagee secures $2.39 million Glenelg North trophy home sale

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A four year old beachfront Glenelg North, SA home, is set to go under the mortgagee hammer.
The three bedroom three bathroom house showcases elevated views of Gulf St Vincent and the coastline.
Jamie Brown of Bernard H Booth holds the listing.
Situated at <a href="https://www.realestate.com.au/property-house-sa-glenelg+north-130005010" target="_blank">21 North Esplanade</a> the home is scheduled for a February 23 auction.
<img src="https://www.urban.com.au/images/2019/2/12/GLenelg%202.JPG" alt="">
Set on roughly 600 sqm the residence is spread across three floors, all accessed by a lift.
It features garaging for six cars, Carrara marble tiles, a plunge pool and a gas fireplace.
Earlier this year the home had an asking price of $2.7 million to $2.9 million.
It last sold for $1.56 million in 2012 and in 2007 it went for $2 million.
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/1/Subscriber%20strip%20ad.jpg" alt=""></a>
The median price for a home in <a href="/developments/glenelg-north-sa-5045">Glenelg North</a> is $682,250 according to CoreLogic, which calculate its annual change in median price over the past 10 years as 2.5%.
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Beachfront North Glenelg home listed by mortgagee

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The retail section of the redeveloped beachside Wallis Building on Jetty Road, Glenelg has been fully leased with only three upstairs office and consulting spaces up for rent.
The retail space is split up between a tenanted ground floor of 811sqm and a first floor, 510sqm health club. 
Colliers International’s Ben Laycock said the three remaining upper level tenancies are suitable for offices and consulting rooms, range from 65sqm to 500sqm, and would suit a variety of uses including accountants, legal, corporate services, government departments and medical specialists.
 
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