Property
South Africa

3

Beds

1

Baths

1

Parking

101 m²

Floor area

Apartment 3 beds 2 baths 101 m²

About this property

This well-presented 101 m² first-floor apartment in the sought-after suburb of Musgrave, Durban, offers a practical 2.5-bedroom, 1.5-bathroom layout in a small, manageable complex of only twelve units. The apartment is tiled throughout and features an open-plan lounge and dining area, a modern fully fitted kitchen with gloss-white cabinetry, dark granite countertops, a freestanding electric stove with extractor, and a built-in microwave. A spacious entrance hall provides generous built-in storage cupboards with space for a double-door fridge. The enclosed balcony functions as a versatile half-bedroom, study, or home office. The levy includes water, and the unit is fibre-connected. One garage bay with direct access into the complex is included. Cats are welcome with prior permission. Musgrave Centre and Food Lover's Market are approximately 285–290 m away, while Country Bake and several restaurants are within 160 m, making day-to-day errands entirely walkable.

Rooms & layout

Bedroom × 3
Bathroom
Guest Toilet
Kitchen
Lounge
Dining Room
Entrance Hall
Garage

Features & amenities

Pet friendlyFibre connectedGranite countertopsFirst floorBalconyStorageNear shopping centreEnclosed balconyBuilt in storageGarage parking

Price & ownership

Asking price R 960 000
Price per m² R 9 505
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 960K
Taxes + legal + admin fees R 22,1K

Rough split: 97.7% purchase price, 2.3% buying costs.

  • Asking price R 960 000
  • Deeds Office (transfer) R 834
  • Conveyancing (est., incl. VAT) R 21 252
  • Deeds lodgement R 52
  • Total indicative R 982 138

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 9 066 /month

Total paid over 20 years (deposit + repayments): R 2 271 737

Deposit 10% · R 96 000
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 864 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 960 000