Property
South Africa

6

Beds

3

Baths

1

Parking

1,100 m²

Floor area

1,100 m²

Stand size

House 6 beds 3 baths 1,100 m²

About this property

A solid clinker-brick family home in the sought-after suburb of Reservoir Hills, Durban, offered for sale on a generous 1 100 m² stand. The main house features a large open-plan lounge and dining area finished with laminate wood-look flooring, recessed downlights, and a wall-mounted air-conditioning unit — ideal for comfortable everyday living and entertaining. The fully fitted kitchen is a standout, boasting rich dark-mahogany cabinetry with brushed-chrome hardware, a mosaic-tile splashback, cream composite countertops, a gas hob with extractor, undercounter oven, a freestanding fridge, and a decorative chandelier — all accessed via a solid timber security door with burglar-bar-fitted windows throughout. Four bedrooms and two bathrooms complete the main dwelling. A separately accessed granny flat with 1.5 bedrooms, its own lounge, kitchen, toilet, and bathroom is currently tenanted and generating rental income — a compelling proposition for investors and bond-assisted buyers alike. Both the main house and the flat have separate water meters and pre-installed lighting and water infrastructure. A double garage with additional open parking provides ample vehicle accommodation. The property is minutes from Halpin Avenue Park (~120 m), Reservoir Hills Secondary School (~320 m), and a Dunkel Road bus stop (~170 m), with Shannon Drive Pharmacy, an FNB ATM, and multiple dining options all within 250 m.

Rooms & layout

Bedroom × 6
Bathroom × 3
Kitchen × 2
Living room × 2
Dining Room
Double Garage

Features & amenities

Granny flatRental incomeDouble garageOpen plan loungeFully fitted kitchenGood road accessFamily homeOpen plan lounge/diningGas hobMosaic splashback

Price & ownership

Asking price R 1 550 000
Price per m² R 1 409
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 1,6M
Taxes + legal + admin fees R 42,9K

Rough split: 97.3% purchase price, 2.7% buying costs.

  • Asking price R 1 550 000
  • Transfer duty (est.) R 10 200
  • Deeds Office (transfer) R 1 347
  • Conveyancing (est., incl. VAT) R 31 280
  • Deeds lodgement R 52
  • Total indicative R 1 592 879

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 14 637 /month

Total paid over 20 years (deposit + repayments): R 3 667 909

Deposit 10% · R 155 000
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 1 395 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 550 000