Property
South Africa

2

Beds

2

Baths

2

Parking

122 m²

Floor area

Apartment 2 beds 2 baths 122 m²

About this property

Situated in the heart of Musgrave, one of Durban's most sought-after residential suburbs, this beautifully renovated 122 m² apartment occupies a floor in a well-maintained four-storey period block, surrounded by mature tropical greenery. The building's warm cream render, terracotta-tiled roof accents, and arched detailing lend it a classic character that has been sensitively preserved.

Inside, the open-plan lounge and dining area is generous and inviting, finished with warm timber strip flooring, ornate plaster cornicing, and a decorative ceiling rose. A wall-mounted air-conditioning unit ensures year-round comfort, and a large picture window floods the dining alcove with natural light. The kitchen has been stylishly updated with two-tone navy-and-white cabinetry, granite-effect dark worktops, white subway-tile splashbacks, a freestanding electric cooker with ceramic hob, and a leaded-glass feature window. A Samsung washing machine and Samsung dishwasher are integrated beneath the counter, and there is space for a full-size fridge-freezer. The apartment further comprises two comfortable bedrooms and two bathrooms, as confirmed by the CSV import, and benefits from two garages — a notable bonus for apartment living in this area.

The complex offers secure gated access with on-site parking. Roof-top laundry drying facilities are visible in the aerial view.

The location is exceptional: Musgrave Centre shopping mall and Food Lover's Market are roughly 285–290 m away, a medical centre is within 120 m, and a selection of neighbourhood restaurants — including St. Clements and Al Razzaaq — are within easy walking distance. Families will appreciate Berea Pre-Primary School and Care Bears on Essenwood within 400 m, while Boston City Campus and NewBridge Graduate Institute serve the tertiary-education market nearby.

This apartment represents a compelling buy-to-live or buy-to-let opportunity in one of Durban's most convenient and upmarket urban precincts.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Dining Area
Garage × 2

Features & amenities

RenovatedModernInvestment opportunityUpmarket areaFamily friendlyPeriod buildingTimber strip flooringOrnate cornicingAir conditioningGranite worktops

Price & ownership

Asking price R 1 400 000
Price per m² R 11 475
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 1,4M
Taxes + legal + admin fees R 35,7K

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

  • Asking price R 1 400 000
  • Transfer duty (est.) R 5 700
  • Deeds Office (transfer) R 1 217
  • Conveyancing (est., incl. VAT) R 28 750
  • Deeds lodgement R 52
  • Total indicative R 1 435 719

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 13 221 /month

Total paid over 20 years (deposit + repayments): R 3 312 950

Deposit 10% · R 140 000
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 1 260 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 400 000