± 367 m² Penthouse Unit On Durban's Golden Mile (Beachfront)

AUCT-001522 | On Auction

± 367 m² Penthouse Unit On Durban's Golden Mile (Beachfront)

Penthouse 2 Windemere Flats, 263 O R Tambo Parade, North Beach, Durban, KwaZulu Natal

± 367 m² Penthouse Unit On Durbans Golden Mile, Penthouse 2 Windemere Flats, 263 O R Tambo Parade, North Beach, Durban

Penthouse Apartment on 13th Floor | 180° Sea Views | 5 Bedrooms and 4 Bathrooms | 2 Secure Parking bays | Positioned across Joe Kool’s and My Diners Food Outlets


A unique penthouse apartment, which offers elegance and comfort for a relaxed family lifestyle. These spacious, light and bright units include enclosed and covered balconies and a generous open terrace. The panoramic sea views from Umhlanga in the north to the Point in the south are nothing short of spectacular.
Penthouses 2 can be split into 3 separate units each with its own access door from the common passage. The configuration of the apartments remains the same as when the Seller purchased the units in 1992.
In total the apartment comprises of 5 bedrooms, 4 bathrooms, 2 lounges, 2 dining rooms, a second spacious kitchen and open and covered balconies. It should be noted that all movable items within the property are specifically excluded from the sale. The building is serviced by 2 lifts. There are 2 undercover secure parking bays which are allocated to this unit, being parking bay 149 & 150 positioned on the ground floor.

Windemere Flats is managed by Wakefields Property Management, handling a healthy financial balance for the block of apartments. P2 is presently registered as part of a Shareblock Scheme. A Sectional Title Register has been opened and the majority of units in the Shareblock have been converted to Sectional Title. A prospective Purchaser would be advised to simultaneously convert the shares to sectional title upon Registration of the transfer of the property to said Purchaser.

Situated along Durban’s Golden Mile, Windemere Flats is a popular and recognized block of flats with its distinctive curve to the building. The property is positioned at 263 O R Tambo Parade on Durban’s North Beach. The block of flats is within walking distance of Suncoast Casino, the Moses Mabida Stadium and Durban CBD. The unit is located on the 13th floor of this secure and well-maintained block. The scheme falls within the Durban Central precinct, as per eThekwini’s new Urban Development Zone (UDZ). This is one of nine new precincts demarcated within the greater central city, together forming the UDZ. The aim of creating this zone is to stimulate new investment and urban regeneration to the central parts of the eThekwini city, through tax saving incentives applicable to new development or building restoration.

The neighbourhood within the immediate vicinity of the scheme comprises mostly retail space on the ground floor and offices and flats on the upper floor levels. Upgraded accommodation, improved cleanliness and security have stimulated new investment in the area. The Victoria Embankment and the Durban Harbour are easily accessible; as are the M4 and N3 Freeways. The subject unit is well appointed in terms of necessary amenities including emergency, medical, educational services and transport facilities.

Viewing: Sunday, 05th September 2021 from 1pm to 3pm

Residential Type:
Apartment Block
Web Reference:
AUCT-001522
List price:
POA
Address:
Penthouse 2 Windemere Flats, 263 O R Tambo Parade, North Beach, Durban, KwaZulu Natal
Auction Venue:
Mount Edgecombe Country Club
Mount Edgecombe
Durban
KwaZulu Natal
Auction Date:
21 September 2021 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in


Auction Date: 21 September 2021 11:00:00am


Virend Deonarain
                                                         In2assets Representative

Property Agent


Virend Deonarain
Show number
[email protected]


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