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R6,900,000 | 4 Bedroom Apartment For Sale in Simbithi Eco Estate

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R6,900,000

C38 Sabuti, 17 Tamboti Drive, Simbithi Eco Estate, Ballito

Monthly Bond Repayment R73,583.64
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R3,180
Monthly Rates
R2,500

Outstanding Sea View upmarket apartment in secure estate

Entertainers Dream!

Experience the ultimate in luxury living in this stunning single level 350m2 apartment. Panoramic views of the ocean, a private 54 jet jacuzzi, and high-end finishes throughout. You’ will feel like you’re permanently living your dream holiday in a five-star resort.
Calling all foodies… the gourmet kitchen is a dream come true. Featuring high-end appliances, custom soft close / push to open cabinetry, and plenty of counter space. You will love cooking and entertaining in this space.
For an alfresco culinary experience, the entertainment area is equipped with a granite top island encompassing a built-in prep bowl and a “Chad o Chef” gas griller with extractor fan. The glass mirror feature in this area further enhances the spatial ambiance, with additional cabinetry for storage and counter-top space.

The brilliant planning in this area allows for frameless glass stacking doors overlooking the six-seater jacuzzi spar bath, so that guests can interact with the Master Chef, whilst cooking up a culinary delicacy in the built-in gas-griller. Furthermore, the frameless glass stacking door can be opened-up in the mornings to enjoy breakfast at its counter-top nook, whilst enjoying the ocean views, sunrise, and even dolphin and whale watching, which is a common sight overlooking the picturesque Thompsons Bay.
The pop-up wireless charging docs, both in the kitchen and entertainment area further enhance the masterstroke design adding to the seamless living convenience.

The extra-large master suite (70 m2), has a private en-suite bathroom with dual wash basins, a large walk-in rainfall shower, a wall hung rimless soft close toilet and a free standing bath and mixer. There is ample space for a king size bed, coffee table and chairs as well as a pyjama lounge leading onto the balcony overlooking the ocean with glass stacking doors.
The family bathroom includes a large walk-in rainfall shower with access from both ends, a wall hung rimless soft close toilet and a free-standing basin.
For guests, a toilet and basin with a wood cladding feature wall is included.

The other three generously proportioned bedrooms have ample cupboard space and can easily accommodate a King size bed or two single beds with pedestals and dressing tables.

This home is not just recently renovated, it has been totally “gutted” and re-built from scratch.

Apart from the above, what makes this home stand out from the rest, is that its situated only a 10-minute walk to the Simbithi Pedestrian Beach Access Gate, a two minute walk to the stunning private Sabuti “C” shaped rim flow pool overlooking its private Catch and release dam with picnic and shower facilities, and a mere 8 minute golf cart drive to the First Tee box and Country Club.

The aforementioned, combined with the large open balcony and 180 degree sea view overlooking the Indian ocean and Thompsons Bay, with two parking bays, a golf cart parking bay and charging facility, including a basement storage room, makes this property second to none in comparison.

Whether for the discerning home-owner, or investor, the proof is in the pudding.

This complete rebuild and furnishing, was completed on 30 November 2023.
Short term rental yielded an income of R210,000 over a 30 day (one month) period during the year-end school holidays, and a further R7,000 per day over weekends and other school breaks.

Currently, the property is under a long-term lease fetching amongst the highest in the complex, a rental income of R52,800 per month, yielding an exceptional return of approximately 10% per annum on your investment. A shortened lease can be negotiated with the tenant.

This property is fully furnished and equipped for short-term letting which can be offered at a negotiable charge to the interested purchaser.

All fixed and most other appliances are new and under warranty.

Buy into the unique lifestyle that Simbithi Eco Estate has to offer!
Simbithi offers a safe and unsurpassed lifestyle with facilities that include several community centers with sports facilities such as golf, tennis, gymnasium, horse riding, walking trails, bird watching, a rugby field, and several swimming pools. If you are a keen fisherman, there are approximately 29 dams to choose from where you can catch and release.
Also currently under construction are squash and padel court facilities.

Features

4
2
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchen
1
Reception Rooms
2
Furnished
No
Exterior
Garages
2
Security
Yes
Parkings
5
Pool
Yes
Scenery/Views
Yes
Sizes
Floor Size
350m²
Land Size
12,000m²
Extras 24 Hour Access; Air Conditioner
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-29.51631069999999, 31.2230781
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