Property
South Africa

2

Beds

1

Baths

70 m²

Floor area

Apartment 2 beds 1 bath 70 m²

About this property

This well-presented and meticulously maintained apartment is situated on the fifth floor of a secure building in Musgrave, Durban, offering gorgeous city and partial sea views. The 70 m² open-plan layout combines a modern kitchen and living area separated by a generous serving counter — ideal for entertaining. The kitchen features dark-veneer cabinetry, a black glass electric hob, mosaic-tile splashback, and a separate sink counter with a brick-tile splashback, all finished with white tile flooring. The living area flows through to a glazed sun-lounge or breakfast nook with a full-width sliding aluminium window wall framing sweeping views over Musgrave's rooftops towards the Durban CBD and the Indian Ocean horizon. Warm parquet-strip floors run throughout the living spaces and entrance hall.

The unit offers 1.5 bedrooms and a modern bathroom. One undercover parking bay is included, with the option to secure an additional bay, plus visitors' parking is available. The building is equipped with 24-hour security, an on-site supervisor, elevator access, and a communal swimming pool.

The location is exceptionally convenient: Musgrave Centre, Food Lover's Market, and Checkers are all within 300 m, while St. Clements Restaurant and Country Bake are steps away. The property suits a professional, young couple, or small family seeking a secure, low-maintenance lifestyle in one of Durban's most established suburbs.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Living room × 2
Undercover Parking

Features & amenities

Swimming poolSecurity guardElevatorParkingCity viewsSecure building24 hour security guardOn site supervisorUndercover parkingVisitor parking

Price & ownership

Asking price R 800 000
Price per m² R 11 429
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 800K
Taxes + legal + admin fees R 19,6K

Rough split: 97.6% purchase price, 2.4% buying costs.

  • Asking price R 800 000
  • Deeds Office (transfer) R 695
  • Conveyancing (est., incl. VAT) R 18 860
  • Deeds lodgement R 52
  • Total indicative R 819 607

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 7 555 /month

Total paid over 20 years (deposit + repayments): R 1 893 114

Deposit 10% · R 80 000
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 720 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 800 000