Property
South Africa

1

Beds

1

Baths

1

Parking

48 m²

Floor area

Apartment 1 bed 1 bath 48 m²

About this property

This cosy bachelor apartment in the leafy Essenwood suburb of Durban offers a smart open-plan layout across a generous 48 m², combining the sleeping, living, and kitchen areas in one light-filled space. The unit is situated on the third floor of a well-maintained complex, with no lift access, and enjoys partial sea views from its spacious tiled balcony — an ideal spot for morning coffee or an evening sea breeze.

The open-plan living area is fitted with large sliding doors that open directly onto the balcony, keeping the space airy and connected to the outdoors. A freestanding wardrobe divides the sleeping zone from the kitchen nook. The kitchen is well-equipped with white cabinetry, granite-effect worktops, white-tiled splashbacks, a gas/electric freestanding stove, a double sink, fridge space, and overhead cupboards. A wall-mounted air-conditioning unit ensures year-round comfort. The unit includes a lock-up-and-go garage for secure parking.

Residents have access to a communal braai area within the complex. Water is included in the purchase price's levy structure; electricity and refuse are billed separately by the municipality.

Essenwood is one of Durban's most sought-after urban neighbourhoods, with Durban Girls' College approximately 66 m away, Checkers Foods at Cowey Park roughly 600 m away, Ridge Road Park within easy reach, and The Fitness Shack gym around 430 m from the door — making this a superb lock-up-and-go investment or first-home opportunity.

Rooms & layout

Open-plan bedroom/lounge
Kitchen
Bathroom
Balcony
Garage

Features & amenities

BalconySea viewGarageBraai areaOpen planModernPartial sea viewOpen plan layoutAir conditioningLock up garage

Price & ownership

Asking price R 700 000
Price per m² R 14 583
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 700K
Taxes + legal + admin fees R 18K

Rough split: 97.5% purchase price, 2.5% buying costs.

  • Asking price R 700 000
  • Deeds Office (transfer) R 608
  • Conveyancing (est., incl. VAT) R 17 365
  • Deeds lodgement R 52
  • Total indicative R 718 025

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 6 610 /month

Total paid over 20 years (deposit + repayments): R 1 656 475

Deposit 10% · R 70 000
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 630 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 700 000