Property
South Africa

3

Beds

2

Baths

142 m²

Floor area

Apartment 3 beds 2 baths 142 m²

About this property

Situated in the sought-after suburb of Morningside, Durban, this well-appointed 142 m² apartment offers a spacious and practical layout ideal for a young family or professional couple. The flat is fully tiled throughout and features two full bedrooms plus a versatile third room, all fitted with built-in cupboards. Two bathrooms serve the unit, one of which is en-suite to the main bedroom. The open-plan kitchen is well-equipped with warm timber cabinetry, granite countertops, a fitted hob and electric stove with extractor, double sink, and under-counter space accommodating both a washing machine and dishwasher — as confirmed in the photographs. A spacious balcony provides the perfect spot for a weekend braai, with pleasant green views over the complex's lush, tree-lined gardens and parking court below. Three undercover open parking bays are allocated to the unit, along with a separate storeroom fitted with built-in cupboards. The secure complex offers state-of-the-art access control and CCTV surveillance, and is surrounded by beautifully maintained gardens. A communal lobby with resident mailboxes and a notice board adds to the building's well-managed feel. Mitchell Park and its popular zoo are within approximately 360 metres, Morningside Primary School is roughly 430 metres away, and a Woolworths Food Stop and Engen convenience centre are just around the corner — making everyday errands effortless.

Rooms & layout

Bedroom × 3
Bathroom × 2
Kitchen
Lounge
Balcony
Store Room
Room × 3

Features & amenities

BraaiSecurityCctvPanoramic viewsGranite countertopsBuilt in cupboardsParkingGardensBalconyFitted hob & electric stove

Price & ownership

Asking price R 2 550 000
Price per m² R 17 958
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 2,6M
Taxes + legal + admin fees R 118,9K

Rough split: 95.5% purchase price, 4.5% buying costs.

  • Asking price R 2 550 000
  • Transfer duty (est.) R 71 200
  • Deeds Office (transfer) R 2 216
  • Conveyancing (est., incl. VAT) R 45 455
  • Deeds lodgement R 52
  • Total indicative R 2 668 923

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 24 080 /month

Total paid over 20 years (deposit + repayments): R 6 034 302

Deposit 10% · R 255 000
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 2 295 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 2 550 000