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R5,144,000

Monthly Bond Repayment R53,973.73
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R6,500
Monthly Rates
R2,860

PENTHOUSE LUXURY APPARTMENT POINT WATERFRONT DURBAN

Property Features
Penthouse in one of the world's most sought-after locations. The high-end finishes and breathtaking create an unparalleled living experience. A total of 260m2 on the inside.
This stunning penthouse offers the ultimate in luxury living, boasting sweeping views
A Penthouse with Sunny and spacious 4 bedroom, 3.5 bathroom, Penthouse in Point Waterfront nested at the Point Waterfront Canal with breathtaking views from every room.
The open plan living room/lounge kitchen area have an incredibly large balcony which boasts views of the Point Waterfront Canal and ocean and the Harbor to entertain friends and family.
Well run/maintained secure building located 1 minute away from the Point Waterfront Promenade and USHAKA MARINE which has many eateries in and around it.
The Apartment have:
- 4 Bedrooms (3 rooms with en-suite bathrooms with showers), one rooftop room with luxurious
bathroom and shower, 2 luxurious rooms with en-suite bathrooms with showers and one room
separate shared bathroom and separate bathroom with shower and a guest toilet
- 3.5 bathrooms
- 1 Rooftop Jacuzzi part of Body-corporate common area and small storage exclusive for the
Penthouse only
- 1 small area open plan lounge liked with Lounge and Living area with Harbor Views with a
balcony
- 1 Balcony at Lounge and Living area
- 1 Garage and in front of the garage park 2 cars
- 2 undercover parking bays in front of Garage
- Fully furnished
- Security
- Ceiling Fans in all Rooms
- Air-conditioned in all rooms
- Small pets permitted
Located in a well-managed mixed-use building with ample security measures in place, the penthouse also comes with two secure parking bays in-front of the double Garage and a laundry facility is available with connected water pipes in the Garage.
This penthouse provides elevator access with comfortable access to the apartment from the Garage Area.
Complimenting the rooftop room with its luxurious bathroom, walk on to the outside of the room and step into the small outside area where the Jacuzzi and sundeck is situated and a small store facility perfect for hosting intimate gatherings under the stars, an special permitted area by the Body Corporate for use and not part of the Apartment Exclusively for this Penthouse only.
Stepping back in to the Penthouse from the rooftop going down the steps to the luxurious large open-plan living area is bathed in natural light with its floor to roof windows with sunshade blinds and roof ceiling windows and all its luxurious amenities is connected to the open plan living/lounge and kitchen area with its marble small breakfast table and its exclusive newly fitted cupboards overlooking from the spacious windows the views of the Canal with its spectacular Views together with part ocean views and harbor view creating a bright and inviting space that is ideal for both relaxation and entertaining.
The master suite is a luxurious retreat that opens onto the deck balcony and features a walk-in closet, a spa-like en-suite bathroom with a double vanity, and stunning views from the bathtub. Two additional en-suite bedrooms offer comfort and privacy convenience for visitors or the family to live with spectacular views.
With regards to Airbnb they charge R9,000+ a day resulting in an extremely lucrative monthly income.
Situated in the heart of the harbor’s vibrant scene
This property is perfect for a city escape and has great potential as a investment

Features

4
3.5
1
Interior
Bedrooms
4
Bathrooms
3.5
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Carports / Parkings
2
Security
Yes
Pool
Yes
Sizes
Floor Size
260m²
Land Size
67,112m²

Point Waterfront, Durban

Durban has an interesting history, Vasco da Gama’s passing in 1497, Lieutenant Farewell and Shaka. In 1823 Farewell took part in a British expedition to Natal and then decided to start a settlement there. He persuaded 25 other British colonists to join him, and in June 1824 he built the first houses. Only four of these original settlers remained with him. In July 1824 he visited Shaka from whom he received a...
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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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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

53,973.73

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