Property
South Africa

1

Beds

1

Baths

68 m²

Floor area

Apartment 1 bed 1 bath 68 m²

About this property

Ideally suited for students, first-time buyers, or buy-to-let investors, this 68 m² apartment in the sought-after Bulwer precinct of Durban offers excellent value and lifestyle convenience. The open-plan lounge, dining area, and entrance hall flow naturally together, creating a welcoming and functional living space. The spacious bedroom features ample built-in cupboards and a ceiling fan, while the kitchen is fitted with standard cupboards and tiled flooring. The bathroom includes both a bathtub and toilet. A prepaid electricity meter adds cost-control convenience, and floating parking for one vehicle is available. The building is accessed via a secure stairwell and a shared balcony/walkway corridor. Located steps from Bulwer Park (±160 m) and Glenwood Village Shopping Centre (±500 m, home to SUPERSPAR), with Glenwood Preparatory School within ±340 m. The Glenwood café, restaurant, and wellness scene is right at the doorstep.

Rooms & layout

Bedroom 1
Bathroom
Lounge
Dining Area
Kitchen
Entrance Hall

Features & amenities

ParkingOpen planBuilt in cupboardsPrepaid electricityOpen plan lounge/diningCeiling fanFloating parkingShared balcony corridorStained glass entrance doorTiled floors

Price & ownership

Asking price R 560 000
Price per m² R 8 235
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 560K
Taxes + legal + admin fees R 15,8K

Rough split: 97.3% purchase price, 2.7% buying costs.

  • Asking price R 560 000
  • Deeds Office (transfer) R 487
  • Conveyancing (est., incl. VAT) R 15 272
  • Deeds lodgement R 52
  • Total indicative R 575 811

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 5 288 /month

Total paid over 20 years (deposit + repayments): R 1 325 180

Deposit 10% · R 56 000
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 504 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 560 000