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R2,695,000

Monthly Bond Repayment R29,205.91
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R4,402.4
Monthly Rates
R2,101

VERY WELL PRICED 3 BED, 3 BATH APARTMENT IN "THE SAILS"

WONDERFUL POSITION OVERLOOKING THE CANALS & TIMEBALL SQUARE

The Sails, which is the largest & most sought after development at The Point Waterfront Precinct, offers innovative architecture, a high standard of finishes & a unique position on the canals & Timeball Square.

This luxurious, spacious, 3 bedroom, 3,5 bathroom apartment, has a prime corner position in the Point Waterfront Precinct's flagship apartment development, namely, The Sails on Timeball.

It offers wonderful canal and Timeball Square views from both the apartments' lounge & the main bedroom, plus from its enormous veranda.

It's spaciousness makes it a wonderful home for a small family, or alternatively, it would make an ideal holiday letting apartment, yielding generous returns!!


CORPORATE & HOLIDAY LETTING - Full Service Offering

Are you buying this apartment as an investment for holiday and corporate letting .... then make this purchase really work for you .... without all the complications?

Use the apartment when you need to and the rest of the time, this full service company, will take over the sourcing of your clients, manage their complete booking from start to finish and to top it all, they will clean and service your appointment when they depart.

If you are purchasing the apartment as an investment for holiday letting, I will be able to introduce you to this 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!!!

This is an excellent opportunity, to reap the rewards of really great returns, without the rental and management hassles, normally involved with holiday & corporate letting.


APARTMENT INFORMATION

This impressive apartment, which is decorated in an ethnic mahogany wood & stone granite throughout) finish, includes the following appointments:

Porcelain tiles throughout, with plush carpeting in both the bedrooms;
Top of the range Grohe taps throughout;
Fully airconditioned throughout, with a central unit in the open plan lounge, dining & kitchen area & independent units in all 3 bedrooms;
A spacious, open-plan lounge, dining & kitchen area, with two large double-sliders which open up onto an enormous 34 sqm verandah, which is ideal for entertaining, or just relaxing;
The large main-en-suite bedroom, has 6 built-in cupboards & wonderful canal & beach views;
The enormous main en-suite bathroom area, includes a double sided, glass fronted shower, an enormous large modern bath tub (which is also a spa bath), two large single basins, 2 large designer wooden framed mirrors & a contemporary designed toilet;
Spacious second & third bedrooms, which are both en-suite each with 4 built-in cupboards;
Each bathroom offers a glass-fronted shower, a large single basin with a large designer wooden framed mirror & a contemporary designed toilet.
A guest toilet, complete with a contemporary designed toilet, a hand-basin and a large designer wooden framed mirror.
It also includes a superb kitchen which offers the following top of the range Bosch appliances:
An 80cm ceramic hob with touch controls
A microwave oven
A stainless steel oven
A stainless steel, 90cm chimney extractor with re-circulation kit
A metallic-finish dishwasher
Glass inlays in the kitchen cupboards - offering better displays in the kitchen.

This apartment comes with 2 secure undercover parking bays, which are next to each other on the same level as the apartment, only 15 meters from the front door of the apartment.

The building offers efficient in house security, which includes 2 security guards. These security guards patrol the building and man the reception 24 hours a day. There are also parking garage access remotes & security camera technology throughout. It also offers 3 lift shafts with 6 lifts, which are only accessible by using your access disc, plus a communal swimming pool & a corporate gym for the owners & tenants.

To View this spacious 3 bed apartment, please contact the agent.

Features

3
3.5
Interior
Bedrooms
3
Bathrooms
3.5
Reception Rooms
1
Exterior
Carports / Parkings
2
Security
No
Sizes
Floor Size
183m²

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:

Income

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

29,205.91

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