1 Bedroom Apartment / flat on auction in Umhlanga Central

POA | Live Auction: 12 May 2026 Nestled on the iconic Umhlanga Promenade, this 1-bedroom, 1-bathroom apartment offers premium beachfront living in one of South Africa’s most sought-after coastal addresses. Situated on the renowned Umhlanga Promenade, this 79m² residence combines luxury, convenience, and strong investment appeal. Sold fully furnished and equipped, the apartment is ideal as a lock-up-and-go holiday home, executive coastal base, or income-producing investment. Key Features: • The unit features a 79m² open plan living and dining area that flows to a balcony with views of the Indian Ocean. • The unit is sold fully furnished and equipped, offering a turnkey lifestyle or investment solution. • The unit includes central air-conditioning and a guest toilet which is ideal for comfort and convenience. • 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. • Positioned in a highly desirable beachfront node with strong rental appeal and market-related pricing. • 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.