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R3,195,000

Monthly Bond Repayment R34,624.44
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R4,527
Monthly Rates
R3,215

BUSINESS RESCUE ... FORCED SALE ... MAKE A REASONABLE OFFER !!

DRAMATIC PRICE REDUCTION ... NEVER AGAIN AT THIS PRICE!!!
ENORMOUS, SPACIOUS 4 BED, 3,5 BATH PENTHOUSE-STYLED APARTMENT IN NEED OF TLC!!
Price reduced for a quick sale!! Take advantage of this unique opportunity NOW!!!
You will never purchase a frontline, 4 bedroomed apartment in the Point Waterfront at this price ever again ....
The price is NOT negotiable.
This extremely spacious (270 m2), well designed and beautifully finished, luxurious penthouse-styled 4 bedroomed, 3,5 bathroom apartment, with a total purchase area of 270 m2, boasts the most amazing ocean and harbour entrance views.
Located at the entrance to the busiest port in Southern Africa, it offers beautifully panoramic views of the beaches, the ocean, the peoples' park and the harbour entrance, which services the numerous passing cargo ships and cruise-liners.
This is one of only 4 apartments in the entire Point Waterfront Precinct, that offer this prime position, with unobstructed harbour entrance views forever ....... and what is more, there is so much accommodation!!!
CORPORATE HOLIDAY LETTING - Full Service Offering
If you are buying this apartment as an investment for holiday and corporate letting .... then make this purchase really work for you .... without all the complications?
I will be able to introduce you to a reputable national rental & management company, that has an office right here, within the Point Waterfront Precinct.
It offers a full corporate & holiday rental and management service, at a very reasonable full service rate, which would allow you to enjoy excellent financial returns, without the all the normal hassles involved in holiday and corporate letting!!!
Make use of the apartment whenever you need it and the rest of the time, a national rental & management company can remove all the complications by offering you their complete rental management service, which includes the taking over the sourcing of your clients, managing the complete booking from start to finish and to top it all, they will clean and service your appointment when they depart.
APARTMENT INFORMATION
Upon entering this spacious apartment, you are welcomed by an enormous open plan lounge, dining room and kitchen area, which all open out onto two extremely large patio areas, complete with a private Jacuzzi.
The tiled floors and dark wood built in cupboards in the kitchen, compliment the luxurious, spacious layout of this stunning apartment.
The kitchen itself is fully equipped with an oven, stove, hob and extractor, plus it has connections for a dishwasher. All kitchen cupboards have granite counter tops, and there is more than enough kitchen cupboard space, for any avid home chef!! The washing machine and tumble dryer are conveniently located in the passage area, which leads to bedrooms 3 and 4 and the communal bathroom and separate toilet.
The lounge and dining areas have large glass sliding doors, which allow lots of light to penetrate into the apartment. There are DSTV, phone and modem connection points in the lounge. The sliding doors all open up onto the enormous wrap-around balcony, which will also boasts wonderful views of the harbour entrance and the multitude of ships entering and exiting Durban harbour.
To round it off, the enormous 52 m2 wrap-around balcony, offers amazing, panoramic, beach, ocean, harbour entrance and canal views. It also boasts its own private Jacuzzi, positioned in a very private end of the verandah, which is ideal for a relaxing sundowner, with family or friends!!
The other end of the balcony, connects with the 4th bedroom, which could easily be converted into an office, playroom, or smaller TV lounge for the kids.
The main bedroom of the home, offers a huge walk-in cupboard area, which leads directly into the main en-suite bathroom, which offers a double basin, toilet, glass sided shower and a bath.
The 2nd bedroom also has its own en-suite bathroom, which includes a toilet, basin and shower.
The 3rd and 4th bedrooms are not en-suite but a separate toilet and a full bathroom with shower, bath and basin, is conveniently positioned next to these two bedrooms.
All bedrooms have built in cupboards and the apartment is fully air-conditioned.
The apartment does need attention and some TLC, to bring it back to its original glory!!! This reduced low low price, allows you to make substantial renovations and do a major refurbishment and still not over-capitalize on the apartment. Once the market corrects itself, this is a R6 million apartment!!!
The apartment, which comes with two secure basement parking bays,
(NB. See the apartment floor plans, included in the pictures section)
Contact Craig to arrange a private viewing.

Features

4
4.5
Interior
Bedrooms
4
Bathrooms
4.5
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
3
Security
Yes
Pool
Yes
Views
Yes
Sizes
Floor Size
285m²

In the news

POINT WATERFRONT PROMENADE OPENING
POINT WATERFRONT PROMENADE OPENING THIS SATURDAY!!!! THE Durban Promenade extension will officially open to the public on this coming Saturday, the 16th November. The mayor, Mxolisi Kaunda, will walk the 8km route from Blue...
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

34,624.44

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