AFFLUENT BUYERS IN MORNINGSIDE, DURBAN DRAWN TO CONVENIENCE OF SECTIONAL TITLE LIVING
- 21 Apr 2011
The desire to enjoy convenient, hassle-free living is fuelling increasing interest in the luxury, sectional title apartment market, reports Heather Sudding, manager of Pam Golding Properties Durban office, which incorporates the upmarket suburbs of Morningside and Essenwood.
“Many home buyers, particularly those at the upper end of the market and with the means to do so, want to enjoy the best of both worlds – living in a luxurious, spacious home in a prime location, but without having to deal with the upkeep of a large garden or property, or exterior maintenance issues.
“Our Durban office recently sold an upmarket sectional title unit in the adjacent area of Essenwood for R4 million, and we are now marketing a stylish sectional title apartment of 420sqm in a sought after location in Morningside for R5.5 million. This is ideal for someone who wishes to enjoy a relaxed lifestyle in one of the city’s foremost addresses, and would also suit an upcountry or executive purchaser who spends considerable time in Durban and needs the convenience of a spacious upmarket apartment for entertaining clients and for leisure. Morningside is just minutes’ drive from the city centre with the business parks and shopping centres of La Lucia and Umhlanga easily accessible via freeway,” she says.
With spacious reception rooms all on one level and an expansive viewing deck – with scenic vistas over Morningside and Moses Mabhida Stadium, this property includes a spacious lounge, dining room, open plan fully-fitted, gourmet kitchen with separate, concealed scullery, all leading onto the deck patio. There are three large bedrooms with an exceptional main bedroom with huge en suite bathroom plus a walk-in dressing room, while the second bedroom is also en suite. The home is air conditioned throughout, and includes a TV lounge, study, store room, staff quarters and double lock-up garage. Fixtures and fittings include attractive Mediterranean shutters and Meranti wood floors and the building has excellent security.
Sudding adds that according to recent Lightstone statistics the majority of home buyers in Morningside are between 18 and 49 years, with 31.5 percent of home owners having lived in the area for 11 years or more. “Residents tend to remain in this prime area due to its convenient location and easy access to main arterial routes in and out of the city, as well as its leafy, appealing ambience. Many homes, such as this luxury apartment, also enjoy sweeping views over the surrounds.”
Issued by Gaye de Villiers