3 Bedroom Apartment in Durban Point Waterfront

R 2 300 000

Craig Murphy

Point Waterfront Realty

3 Bedroom Apartment in Durban Point Waterfront

R 2 300 000

3 Beds
2 Baths
Floor Area 208 m²
Rates R 2317
Levy R 4239

BEST VALUE FOR MONEY 3 BED APARTMENT IN THE PRECINCT.

Spacious, fully furnished, 6th floor apartment, nestled in the luxurious Point Waterfront Precinct.

This apartment boasts of a prime location in “The Quays”, which offers amazing views. It offers views of Ushaka Marine World, the canal waterways, the beach promenade and the ocean, all the way up to Umhlanga. There are also harbour and city views off to your left.

The apartment comprises 3 bedrooms, 2 bathrooms (mes) with modern finishes and has built in cupboards in every bedroom.

Open plan kitchen with granite tops and dark wood cupboards.

A spacious dining and living room area opens out onto the enormous balcony. It comes with 2 undercover parking bays.

The apartment is in close proximity to Ushaka Marine World and various restaurants and is within easy walking distance to the beach and canal waterways.

The apartment is currently registered in a CC, which has no encumbrances but has the benefit of a R1,603,946 assessed loss. The seller will indemnify the purchaser against any liabilities before signing and the purchaser will take over the shares of the CC. The reason why it’s being sold in the CC, is because the seller wishes to offset his loan account against any capital gains in his name.

This does not affect the purchaser in any way but by taking over the sellers shares they will be able to make use of the R1.6 million losses against any income the apartment may generate and it will be tax free.

Finally, it is merely a change of membership that needs to take place so there will be no transfer duty payable.

Call now to arrange a viewing!!

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Key Property Features

3
Bedrooms
2
Bathrooms
1
Dining Areas
1
Lounges

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Experience Durban Central

Durban Central is a diverse, colourful neighbourhood that includes the beachfront areas, the Berea, Morningside, Glenwood, Musgrave and the CBD. The beach is the biggest attraction and locals flock the promenade to cycle, run, surf, swim, fish or just catch some sun. There are also incredibly lush parks and open spaces dotted around the neighbourhod for residents to take advantage of. The nightlife in Durban Central is exciting with numerous bars, pubs, restaurants and night clubs in close proximity to each other. As its name implies, Durban Central's location makes it convenient to get to any of the other areas around Durban.

Find out more about Durban Central

3 Bedroom Apartment in Durban Point Waterfront

R 2 300 000

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