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R800,000

Monthly Bond Repayment R8,394.05
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Absolute prime location

Introducing a first-floor one bedroom apartment nestled within the renowned Shorelands frontline beachfront building, situated along the coveted North Beach. This location is undeniably the most prime spot along the golden mile, offering a truly enviable address. The apartment requires TLC and renovation and awaits an owner with a passion for design. 
The building itself is well maintained and fosters a vibrant community, ensuring a pleasant living experience. Residents enjoy easy access to the highway, allowing for convenient commuting and exploration of the surrounding areas. For those seeking adventure and entertainment, Ushaka Marine World is a mere ten-minute cycle or five-minute drive away, offering a world of aquatic wonders and excitement. Additionally, the lively Suncoast Casino and entertainment center are just a short five-minute walk from your doorstep.
Embrace a beachfront lifestyle by effortlessly hopping across to the promenade and immersing yourself in the sun-kissed sands and sparkling ocean. This bachelor apartment is an ideal choice for first-time buyers who aspire to own their own property or individuals looking to downsize and enjoy a more manageable living space. It also presents an excellent investment opportunity, serving as a starter investment property for those looking to grow their real estate portfolio.
Furthermore, this apartment serves as an idyllic holiday home for those who wish to indulge in the sunny charms of Durban during the summer holidays. Take advantage of the rental parking options available within the building, ensuring convenient and secure parking for you and your guests.
The location of this property encourages a change of lifestyle, promoting healthier living and an active routine. Enjoy the luxury of walking to nearby restaurants and supermarkets, making dining and grocery shopping a breeze.
Another appealing aspect of this apartment is its affordability, with very reasonable monthly levy costs, allowing you to enjoy the perks of beachfront living without straining your finances.
Don't miss out on this opportunity to own a delightful first-floor bachelor apartment in the prestigious Shorelands building along North Beach. Whether you seek a starter property, a downsizing solution, or a holiday retreat, this apartment offers it all. Arrange a viewing today and seize the chance to experience the epitome of beachfront living in sunny Durban.
All offers are welcome.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Sizes
Floor Size
70m²
 
  • 1
 

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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

8,394.05

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