6
Beds
4
Baths
1
Parking
930 m²
Floor area
About this property
This substantial multi-generational home in Palmiet, Durban, offers exceptional versatility across two storeys, making it equally suited to a large family or an astute investor seeking multiple income streams.
The main dwelling presents six generously sized bedrooms, four bathrooms, a large dining room, a comfortable lounge, and a well-appointed kitchen complete with a scullery and ample cupboard storage. The kitchen is fitted with a combination four-gas-burner and two-electric-burner stove — a practical touch for busy households.
A self-contained two-bedroom apartment with its own lounge, kitchen, and bathroom provides a reliable rental income opportunity. A charming wooden deck flows off the apartment, ideal for entertaining and al fresco braai gatherings. Beneath the deck, two additional rooms offer further letting or storage potential.
The backyard includes a dedicated bathroom and separate toilet for guest convenience. Parking is plentiful, with a single automated garage plus open bays for up to five vehicles. Security is a priority: the rear boundary wall carries electric fencing, the yard is fully enclosed, and an electric gate controls access.
Visually, the property presents as a brick-and-plaster home with tiled roofing, a covered carport with trellis-door security gates, an upper-storey balcony, lush tropical garden planting, and a neatly paved driveway. A side passage connects the front and rear yards.
Conveniently located in Palmiet, with Little Bratz Montessori & Day Care roughly 230 m away, S.M. Jhavary Primary School about 460 m away, and Palmiet Primary School within approximately 890 m — ideal for families with young children.
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 97.7% purchase price, 2.3% buying costs.
- Asking price R 1 300 000
- Transfer duty (est.) R 2 700
- Deeds Office (transfer) R 1 130
- Conveyancing (est., incl. VAT) R 27 025
- Deeds lodgement R 52
- Total indicative R 1 330 907
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
Total paid over 20 years (deposit + repayments): R 3 076 311
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 1 170 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.
R 1 300 000