No Transfer Duty | Sectional Title Penthouse in a PTY

Dual Sole Mandate

Here’s a rare chance to own a premium penthouse in Umdloti without paying transfer duty. This 192sqm property is held within a single-share, non-VAT registered PTY, so the sale is a share transfer, saving you over R170,000 in transfer duty costs.

The penthouse boasts uninterrupted panoramic ocean views from a large wooden deck that flows from an open-plan kitchen, dining, and lounge area. Three east-facing bedrooms welcome the sunrise, with two opening onto the deck. The master suite features a spacious ensuite with a double vanity, bath, shower, and built-in cupboards, plus a private balcony overlooking the sea.

Comfort and security are paramount with air conditioning throughout, a lithium-ion inverter to manage potential outages, security cameras ideal for Airbnb management, security doors, and monkey-proof gates. Two covered carports are conveniently located near the entrance.

The complex offers 24-hour manned security, two swimming pools, braai areas, and permits both short-term and long-term rentals, making it a strong investment or lifestyle choice.

Located just 2 km from Umdloti’s main beach and Marine Walk Shopping Centre, and 10 km from King Shaka International Airport, this penthouse offers coastal living with easy access to amenities.

Take advantage of the transfer-duty-free structure and secure a rare coastal asset today.

Viewing strictly by appointment with David Khoury,a seasoned property professional serving Umdloti since 2007.