Property
South Africa

2

Beds

1

Baths

75 m²

Floor area

Apartment 2 beds 1 bath 75 m²

About this property

A well-located sectional title apartment in the heart of Durban's South Beach, offering excellent value for first-time buyers and investors alike. The unit spans approximately 75 m² and comprises two bedrooms, a spacious lounge, a fitted kitchen, a bathroom, and an enclosed balcony. Tiled floors run throughout the living areas, and the lounge opens onto the balcony that captures views of surrounding beachfront buildings and a glimpse of the Indian Ocean. The kitchen is practical with upper and lower cabinetry, a double sink, tiled splash-back, and space for a freestanding stove — one is already in situ. A breakfast counter separates the kitchen from the open-plan living area, adding a convenient casual dining option.

The building features 24-hour manned security and is within metres of Oriental City Shopping Mall and a KWIKSPAR for daily convenience. Restaurants, a pharmacy, and a supermarket are all within a two-minute walk. North Beach park is approximately 124 m away, while the beachfront promenade is directly accessible on foot. Nearby landmark hotels — Holiday Inn, Tropicana, and Protea/Edward — underline the premier beachfront address. uShaka Marine World and Suncoast Casino are both reachable within five minutes by car, making this an ideal lock-up-and-go investment or a vibrant starter home steps from the sea.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Balcony (enclosed)

Features & amenities

Beach accessSecuritySectional titleBalconyFitted kitchenInvestment opportunityEnclosed balconyOcean glimpse24 hour manned securityBreakfast counter

Price & ownership

Asking price R 650 000
Price per m² R 8 667
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 650K
Taxes + legal + admin fees R 17,2K

Rough split: 97.4% purchase price, 2.6% buying costs.

  • Asking price R 650 000
  • Deeds Office (transfer) R 565
  • Conveyancing (est., incl. VAT) R 16 618
  • Deeds lodgement R 52
  • Total indicative R 667 235

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice. Confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 6 138 /month

Total paid over 20 years (deposit + repayments): R 1 538 155

Deposit 10% · R 65 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 585 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 650 000