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R9,500,000

Monthly Bond Repayment R102,952.17
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R7,605
Monthly Rates
R6,851

Exquisite 3-bedroom Gem with Breathtaking Seaview in The Umhlanga Arch

Step into the pinnacle of luxury living nestled in the heart of one of South Africa's most sought-after areas, Umhlanga Ridge. Welcome to this striking, one-of-a-kind design, 3-bedroom apartment, seamlessly blending comfort, style, and breath-taking seaviews available only for a select few. Listed at a price of R9,995,000, it is an investment that personifies a paradisiacal lifestyle.



This property is perfect for someone looking for a holiday home or place to utilise when they come down for business. With 3 bedrooms, 3.5 bathrooms, 2 lounges, a spacious, fully equipped kitchen, kitchenette off the second lounge and a door which is strategically placed to be able to separate the unit into two spaces, this unit has worked incredibly well on the short term letting platform, with the owners renting out the 2 bedrooms space separately, and keeping the front main 1 bedroom area solely for their personal use. With the in-house concierge service that forms part of The Umhlanga Arch, you have the ability of earning a return on investment hassle free! This is the most luxury investment out there!


There are massive benefits to this property which include the following:
- 160 000L of water storage, with additional water storage facilities being added,
- Generator that powers the elevators and lighting in the public areas during power outages/ load-shedding,
- 24/7 Concierge that is based at the reception of the block,
- Close proximity to shops, restaurants and beaches.


Furthermore, the Umhlanga Arch is also home to the prestigious Pencil Club, a membership which gives you exclusive access to dedicated spaces such as a Library, Cigar Lounge, beauty, and fitness areas, two restaurants, three unique bars, private dining areas, intimate meeting spaces, function venues and a glorious rooftop for outdoor functions or a dip in the pool. The Membership team also curates a program of monthly events, ranging from talks with thought leaders to seasonal parties


Call me to arrange a viewing or find out more information

Features

3
3.5
1
Interior
Bedrooms
3
Bathrooms
3.5
Kitchens
2
Reception Rooms
3
Exterior
Garages
1
Carports / Parkings
3
Security
Yes
Sizes
Floor Size
198m²

Umhlanga Ridge, Umhlanga

The seaside town of Umhlanga Rocks on South Africa’s eastern coast is upmarket and vibrant. Situated 16 kilometres north of the city of Durban, the area has become a great focus of development in recent years, and is no longer just a coastal holiday mecca – it has become a thriving urban landscape too. Umhlanga has much to offer locals and visitors – a glorious subtropical climate, beautiful...
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In the news

Umhlanga UIP Drives Growth in Property Value
We’ve all heard the old adage “Location, Location, Location” when considering the purchase of property. Whilst there is much truth to this statement, quality management of a location is increasingly becoming a...
 
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Transfer Costs

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Transfer Fees
Deeds Office Levy
Transfer Duty
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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%
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GRAND TOTAL:

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

102,952.17

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