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R18,500,000

Monthly Bond Repayment R200,485.81
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R8,854

luxurious penthouse in Durban point waterfront.

Indulge in the epitome of luxury living with this fully furnished 3-story penthouse, priced at R20,000,000, nestled in the heart of the Point Waterfront.

The ground floor boasts three lavish bedrooms and 3 ensuite bathrooms, a well-appointed laundry room, and a gourmet kitchen featuring granite countertops, a sparkling water outlet, coffee station, and ample cupboard storage. The spacious dining room and lounge open up to a wrap-around balcony, offering panoramic views.

On the first floor, the main bedroom is a sanctuary with an open-plan bathroom/ wet room, double vanity, bath, walk-in cupboards, and an adjoining wrap-around balcony.

The second floor hosts a private rooftop pool, designed with elegance reminiscent of Mykonos.

Additional luxuries include three underground parking bays with direct lift access and on-site amenities such as Maha Cafe and a fully operational laundry mat.

Explore the vibrant Point Waterfront surroundings, including Ushaka Marine World, Robsons Brewery, waterfront canals, and the Durban Underwater Club. This property presents an outstanding investment opportunity with a current holiday letting rate of R20,000 per night.

For those seeking a comprehensive investment, inquire about the option to purchase the entire holiday letting business situated on the ground floor at Point Bay. Contact us to schedule a private viewing and immerse yourself in unparalleled elegance.

Features

4
4
Interior
Bedrooms
4
Bathrooms
4
Kitchens
1
Reception Rooms
2
Furnished
Exterior
Carports / Parkings
3
Security
Yes
Pool
Yes
Sizes
Floor Size
433m²

Point Waterfront, Durban

Defined by continued growth, Durban’s commercial and industrial property market has flourished as new businesses both small and medium, and big blue chip companies enter the area to take advantage of favourable rentals that are affordable, central, modern and well-sized.  The region comprises uMhlanga Rocks in the North, Hammarsdale and Cato Ridge in the west and Amanzimtoti in the south. Examples of...
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In the news

AREAS NORTH OF DURBAN- 2018 OVERVIEW UMHLANGA- THE DEVELOPMENT HUB
With so many up and coming new developments in the area of Umhlanga, it is difficult not to realise the potential for real estate investors and property owners in the area.  The area has attracted the likes of national and...
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

200,485.81

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