Property
South Africa

5

Beds

2

Baths

1

Parking

745 m²

Floor area

House 5 beds 2 baths 745 m²

About this property

A much-loved Glenwood character home, cherished by the same owner for 34 years, now offers a rare opportunity in one of Durban's most sought-after residential suburbs. Spread across 745 m² of internal floor space and configured as two self-contained living units — each with its own road entrance and parking — the property is perfectly suited to extended families, investors seeking a live-in-and-let arrangement, or buyers wanting income-generating potential from day one.

The upper-level unit features three bedrooms, all opening directly onto a sweeping verandah with great views across the established neighbourhood. It also includes a full bathroom, kitchen, and an open-plan lounge and dining area. The lower-level unit offers two bedrooms, a bathroom, a study, a large lounge and dining room, a generous patio, and a beautifully appointed farm-style kitchen complete with a gas stove.

Adding further versatility is a spacious outside office/studio — an open-plan space with a kitchenette, storage, and an en-suite toilet, basin, and shower — ideal for a home business, creative studio, or conversion into additional accommodation.

Inside, the home retains classic period character: soaring ceilings with ornate cornicing, original hardwood timber floors, a Victorian-style cast-iron fireplace with tiled surround, and a chandelier-lit open-plan living and dining room dressed with bold feature wallpaper. The eclectic, well-considered interior styling demonstrates just how stylishly this home can be lived in.

Outdoors, lush established gardens frame a sparkling swimming pool and spa pool with a brick-paved entertainment patio, a covered carport/braai area, a koi pond, and manicured lawns — all creating a private tropical retreat. Air-conditioning units are installed on both levels.

The location is outstanding: Kingsley Gardens park is approximately 111 m away, The Glenwood Bakery is roughly 145 m on foot, and Berea Centre shopping mall is within 530 m. Multiple parks, preschools, and schools are within easy walking distance, making this an ideal family address.

Rooms & layout

Bedroom × 5
Bathroom × 2
Kitchen × 2
Lounge
Dining Room
Study × 2
Verandah
Patio
Garage

Features & amenities

Two entrancesVerandahPatioFarm style kitchenGas hobOfficeStudioStorageSwimming poolSpa pool / jacuzzi

Price & ownership

Asking price R 2 500 000
Price per m² R 3 356
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 2,5M
Taxes + legal + admin fees R 114,3K

Rough split: 95.6% purchase price, 4.4% buying costs.

  • Asking price R 2 500 000
  • Transfer duty (est.) R 67 200
  • Deeds Office (transfer) R 2 173
  • Conveyancing (est., incl. VAT) R 44 825
  • Deeds lodgement R 52
  • Total indicative R 2 614 250

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 23 608 /month

Total paid over 20 years (deposit + repayments): R 5 915 982

Deposit 10% · R 250 000
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 2 250 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 2 500 000