2 Bedroom Apartment / flat on auction in Umhlanga Central

POA | Live Auction: 12 May 2026 Situated within The Pearls Of Umhlanga on Lagoon Drive, this 67m² ground floor 2-bedroom apartment presents an opportunity to own a property on the iconic Umhlanga Promenade. The apartment offers coastal living with ocean views, luxury finishes, and direct access to the vibrant lifestyle precinct of restaurants, cafés, retail outlets, and beaches. Sold fully furnished and equipped, this turnkey residence is ideal for investors, holiday letting, executive accommodation, or private lock-up-and-go use. Key Features • This unit features a 67m² 2-bedroom ground floor unit with a private patio for uninterrupted sea views. • It is sold fully furnished and equipped, enabling immediate use or income generation. • Ducted central air-conditioning throughout the unit enhancing comfort and functionality. • Ideal for corporate letting, short-term rentals, or executive accommodation. • Perfectly suited to inland buyers, frequent travellers, or second-home owners seeking a luxury beachfront residence with strong appeal for short-term rentals and holiday letting. • Prime beachfront position on the Umhlanga Promenade with direct access to a high-demand coastal node. • Located within walking distance to Umhlanga’s best restaurants, beachfront promenade, gyms and luxury retail centres including Oceans Mall, Gateway and The Pearls Mall. Auction Terms and Buyer Information: • Buyer Costs: 16.5% payable on auction day (10% commission + VAT on commission + 5% deposit towards purchase price). • Registration Fee: R50,000 (live/venue bidders) | R100,000 (telephonic/online bidders). All bids constitute a legally binding offer, and the highest bidder is required to sign the Auction Sale Agreement immediately upon the fall of the hammer; failure or refusal to sign constitutes a breach and results in forfeiture of the registration deposit. The sale is subject to a reserve price unless otherwise stated. The property is sold voetstoots, as-is with no warranties or guarantees, and all bidders must provide valid FICA documentation prior to registration.