Silver Sand 1 Apartments on Durban’s Golden Mile

Positioned along Durban’s renowned Golden Mile, the Silver Sands 1 apartment block at 16 Erskine Terrace, Addington Beach, represents an unparalleled opportunity to own a piece of coastal elegance. This newly refurbished gem is a landmark property offering 44 exquisite beachfront apartments, ideally positioned to captivate both discerning investors and lifestyle buyers.

Location
Silver Sands 1 enjoys an enviable location opposite Durban’s best swimming beach. Addington Beach is celebrated for its tranquil waters, family-friendly atmosphere, and proximity to the iconic uShaka Marine World. This central position places the property within a vibrant hub of leisure, commerce, and urban connectivity. Proximity to key amenities such as the nearby Addington Hospital and prominent tertiary institutions enhances its appeal for long-term residents, vacationers, and potential corporate rentals.

Features and Design
The 12-storey Silver Sands 1 block has been thoughtfully designed to make the most of its extraordinary seaside position. Every apartment is sea-facing, offering breathtaking views of the Indian Ocean, with 11 units boasting uninterrupted 180-degree vistas that redefine the essence of coastal living. The apartments comprise stylishly appointed 1-bedroom and 1.5-bedroom configurations, all fully equipped and sold with movable assets. This ensures a turnkey investment opportunity for buyers seeking immediate rental income or a hassle-free move-in experience.

Modern amenities include:
• 2 elevators for efficient vertical mobility within the block, of which one was recently upgraded
• A manager’s office and staff facilities to streamline property management.
• Potential laundry room and storeroom, adding practicality for both residents and management.
• Space designated for a potential reception/lobby area, perfect for transforming the property into a hospitality-focused destination.

Recently Refurbished
The recent refurbishment has elevated Silver Sands 1 to a modern standard, combining timeless beachfront charm with contemporary finishes. This makes it a desirable asset in Durban’s thriving property market, ideal for buyers seeking properties with strong income potential, whether through short-term holiday rentals or long-term leases.

Potential
Silver Sands 1 holds immense potential to cater to diverse markets. Its prime beachfront position and ready-to-operate state make it an exceptional candidate for a boutique hotel or short-stay serviced apartments. The property is suited to professionals, students, and retirees looking to immerse themselves in Durban’s coastal lifestyle while enjoying proximity to urban conveniences. The combination of location, high-demand apartments, and existing infrastructure ensures attractive returns for student accommodation or private residential accommodation

This exceptional property is set to go under the hammer on 30th January 2025, offering an extraordinary chance to acquire a rare asset on Durban’s Golden Mile. With a vibrant market outlook for beachfront properties, the auction presents a timely opportunity to secure a valuable slice of prime real estate.

Conclusion
Silver Sand 1 is more than a residential block; it is an iconic statement of Durban’s coastal allure. Offering unmatched views, modern amenities, and an unbeatable location, it represents an exceptional investment and lifestyle opportunity.