Property
South Africa

2

Beds

1

Baths

79 m²

Floor area

Apartment 2 beds 1 bath 79 m²

About this property

Situated in the sought-after Montezuma building at 117 on Durban's iconic North Beach strip, this sectional title apartment offers approximately 79 m² of coastal living with exceptional, uninterrupted sea views. The unit comprises one and a half bedrooms, a neat full bathroom, and a functional kitchen fitted with built-in cupboards, a freestanding electric stove and oven, laminate countertops, and white wall tiles — ready to move in or to refresh to your own taste.

Tiled flooring runs throughout, keeping maintenance low in the coastal climate. The elevated position in the multi-storey Montezuma block frames wide ocean and beachfront vistas that are a true standout. Dedicated open parking bays are available directly in front of the building for everyday convenience.

The building operates 24-hour access-controlled security, giving residents genuine peace of mind. Daily essentials are within easy reach: SPAR North Beach is roughly 340 m away, the Amphitheatre Garden and Lawns park is around 125 m away, and a variety of restaurants and eateries — including The Grill Jichana and Tall Ships Cocktails — are within a short stroll. North Beach itself is approximately 400 m from the front door, making this an ideal lock-up-and-go, investment, or permanent coastal home.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen

Features & amenities

Sea viewsSecurityParkingBuilt in cupboardsTiled flooringBeachfrontSectional titleOcean viewBeachfront proximity24 hour security

Price & ownership

Asking price R 900 000
Price per m² R 11 392
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 900K
Taxes + legal + admin fees R 21,2K

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

  • Asking price R 900 000
  • Deeds Office (transfer) R 782
  • Conveyancing (est., incl. VAT) R 20 355
  • Deeds lodgement R 52
  • Total indicative R 921 189

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 8 499 /month

Total paid over 20 years (deposit + repayments): R 2 129 754

Deposit 10% · R 90 000
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 810 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 900 000