3 Bedroom Apartment in South Beach
Renovated 3-Bedroom Apartment with Parking | South Beach | Holiday Letting Potential. Beautifully renovated and exceptionally well presented, this spacious 3-bedroom, 2-bathroom apartment in the popular Penzance building offers an excellent combination of coastal lifestyle, modern finishes and investment potential.
Situated in the heart of South Beach, the apartment is within easy reach of Durbans beachfront, promenade, uShaka Marine World, restaurants, entertainment and the CBD. Whether you are looking for a comfortable permanent home, a lock-up-and-go coastal base, holiday home or an investment property, this apartment offers versatility in a sought-after beachfront location.
The open-plan living area seamlessly combines the lounge, dining area and modern kitchen, creating a comfortable and practical space for both everyday living and entertaining. The kitchen has been tastefully upgraded with ample cupboard space, granite countertops, attractive stone-look finishes and a convenient breakfastpreparation counter.
All three bedrooms are well proportioned and feature built-in cupboards. The main bedroom has an en-suite bathroom. Both bathrooms have also been modernised with contemporary finishes and walk-in showers, giving the apartment a fresh, move-in-ready appeal.
An undercover parking bay adds significant value and convenience, particularly in this sought-after coastal location.
Holiday Letting Potential
The property also presents an attractive opportunity for buyers considering short-term holiday letting. Short-term letting is currently permitted at Penzance, subject to the applicable Body Corporate Conduct Rules and requirements. Approved amendments to the Conduct Rules provide for short-term holiday letting subject to a written application and approval by the Body Corporate, together with compliance with the relevant municipal and building requirements.
This makes the apartment particularly appealing to a buyer looking for a property that can potentially combine personal use with an income-generating opportunity, subject to the applicable approval requirements.
The apartment is also well suited to permanent residential occupation, making it a flexible property for a range of buyers.
With its combination of three bedrooms, two bathrooms, quality renovations, secure parking and proximity to the Durban beachfront, this is an opportunity that offers considerably more than the average coastal apartment.
Whether you want to enjoy it yourself, use it as a convenient Durban base or explore its potential as a holidayshort-term rental, Penzance offers the flexibility to suit a variety of needs.
Furniture can be purchsed at an additional cost for the buyers convenience.
Renovated. Spacious. Coastal. Investment potential.
Contact me today to arrange your private viewing.
Property details
- Listing number T5588970
- Property type Apartment
- Listing date 17 Aug 2026
- Floor size 83 m²
- Rates and taxes R 755
- Levies R 2 438
Property features
- Bedrooms 3
- Bathrooms 2
- En-suite 1
- Covered parking 1
- Access gate
- Built in cupboards
- Kitchen
- Intercom