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South Beach, South Beach, Durban, KwaZulu-Natal
R 999 999
Beautifully renovated and exceptionally well presented, this spacious 3-bedroom, 2-bathroom apartment in the popular Penzance building offers an excellent combination of coastal lifestyle, modern finishes and investment potential. Situated in the heart of South Beach, the apartment is within easy reach of Durban’s beachfront, promenade, uShaka Marine World, restaurants, entertainment and the CBD. Whether you are looking for a comfortable permanent home, a lock-up-and-go coastal base, holiday home or an investment property, this apartment offers versatility in a sought-after beachfront location. The open-plan living area seamlessly combines the lounge, dining area and modern kitchen, creating a comfortable and practical space for both everyday living and entertaining. The kitchen has been tastefully upgraded with ample cupboard space, granite countertops, attractive stone-look finishes and a convenient breakfast/preparation counter. All three bedrooms are well proportioned and feature built-in cupboards. The main bedroom has an en-suite bathroom. Both bathrooms have also been modernised with contemporary finishes and walk-in showers, giving the apartment a fresh, move-in-ready appeal. An undercover parking bay adds significant value and convenience, particularly in this sought-after coastal location. Holiday Letting Potential The property also presents an attractive opportunity for buyers considering short-term holiday letting. Short-term letting is currently permitted at Penzance, subject to the applicable Body Corporate Conduct Rules and requirements. Approved amendments to the Conduct Rules provide for short-term holiday letting subject to a written application and approval by the Body Corporate, together with compliance with the relevant municipal and building requirements. This makes the apartment particularly appealing to a buyer looking for a property that can potentially combine personal use with an income-generating opportunity, subject to the applicable approval requirements. The apartment is also well suited to permanent residential occupation, making it a flexible property for a range of buyers. With its combination of three bedrooms, two bathrooms, quality renovations, secure parking and proximity to the Durban beachfront, this is an opportunity that offers considerably more than the average coastal apartment. Whether you want to enjoy it yourself, use it as a convenient Durban base or explore its potential as a holiday/short-term rental, Penzance offers the flexibility to suit a variety of needs. Furniture can be purchsed at an additional cost for the buyers convenience. Renovated. Spacious. Coastal. Investment potential. Contact me today to arrange your private viewing.
Estimated monthly repayment
R 9 443
on a R 899 999 bond over 20 years at 11.25%
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Fair-value check
Fairly pricedIn line with comparable 3-bed apartments for sale in South Beach
Based on 82 comparable listings
A market signal from comparable listings — not a formal valuation.
South Beach, South Beach, Durban, KwaZulu-Natal
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Ayanda Modise
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