Property
South Africa

2

Beds

1

Baths

87 m²

Floor area

Apartment 2 beds 1 bath 87 m²

About this property

Finsbury Court is an 87 m² two-bedroom apartment situated in the heart of South Beach, Durban — one of the city's most accessible beachside neighbourhoods. The building is a multi-storey residential block with barred ground-floor windows and a covered entrance canopy, offering a practical urban address within easy reach of Oriental City Shopping Mall (roughly 60 m away), a KWIKSPAR supermarket (approximately 190 m), and North Beach park (approximately 125 m). The flat presents a genuine value-add opportunity: it requires cosmetic renovation and TLC, and is priced accordingly at an entry-level figure that reflects its current condition. For an investor or owner-occupier willing to refurbish, the location — steps from the beachfront, dining, and retail — offers strong long-term appeal. Price is negotiable.

Rooms & layout

Bedroom × 2
Bathroom

Features & amenities

Needs renovationBeachside locationSecurity bars on windowsCovered entrance canopyMulti storey buildingBalconiesUrban convenienceInvestment opportunityEntry level pricingPrice negotiable

Price & ownership

Asking price R 290 000
Price per m² R 3 333
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 290K
Taxes + legal + admin fees R 11,3K

Rough split: 96.2% purchase price, 3.8% buying costs.

  • Asking price R 290 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 10 837
  • Deeds lodgement R 52
  • Total indicative R 301 323

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 2 739 /month

Total paid over 20 years (deposit + repayments): R 686 254

Deposit 10% · R 29 000
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 261 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 290 000