Property
South Africa

7

Beds

4

Baths

1

Parking

313 m²

Floor area

House 7 beds 4 baths 313 m²

About this property

Set in the peaceful suburb of Castlehill, Durban, this expansive double-storey home spanning 313 m² of internal floor area offers a rare combination of space, versatility, and investment potential. Ideal for large families or savvy investors, the property's multi-functional layout supports comfortable owner-occupation alongside meaningful rental income.

The main house features three generously sized bedrooms with built-in cupboards, two bathrooms (including an en-suite), an open-plan lounge and dining area flowing to a fully fitted kitchen with contemporary sage-green cabinetry, white subway-tile splashbacks, gas hob, dishwasher, and a stainless-steel double sink. A private balcony off the main section provides a quiet outdoor retreat.

Additional accommodation comprises four further bedrooms fitted with prepaid electricity meters — perfectly suited for long-term tenants or student accommodation — plus two additional bathrooms, bringing the total to seven bedrooms and four bathrooms. Parking is well catered for with a double garage and space for three further vehicles, supplemented by a tool shed for storage.

Two rooms are air-conditioned for year-round comfort, and the manageable garden keeps maintenance effort low. The location is exceptionally well served for families: Parkvale Primary School is roughly 435 m away, New West Secondary School approximately 514 m away, and Newland's West Midway Mall is within 675 m — all accessible without a lengthy commute.

Rooms & layout

Bedroom × 7
Bathroom × 4
Kitchen
Open-Plan Lounge
Dining Room
Double Garage
Balcony
Tool Shed

Features & amenities

Double storeyBuilt in cupboardsEn suiteOpen plan loungeFully fitted kitchenBalconyRental potentialPrepaid metersDouble garageTool shed

Price & ownership

Asking price R 1 500 000
Price per m² R 4 792
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 1,5M
Taxes + legal + admin fees R 40,5K

Rough split: 97.4% purchase price, 2.6% buying costs.

  • Asking price R 1 500 000
  • Transfer duty (est.) R 8 700
  • Deeds Office (transfer) R 1 304
  • Conveyancing (est., incl. VAT) R 30 475
  • Deeds lodgement R 52
  • Total indicative R 1 540 531

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 14 165 /month

Total paid over 20 years (deposit + repayments): R 3 549 589

Deposit 10% · R 150 000
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 1 350 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 500 000