Property
South Africa

1

Beds

1

Baths

54 m²

Floor area

Apartment 1 bed 1 bath 54 m²

About this property

Beachfront One-Bedroom Apartment — South Beach, Durban

Presented by Elite Realty, this sectional-title apartment sits in a secure, well-maintained mid-rise building directly across from the iconic Durban beachfront promenade. With the Indian Ocean and palm-lined esplanade visible from the building's outlook, the unit offers an exceptional coastal lifestyle or a compelling short-term letting investment.

Layout & Interior

  • Open-plan lounge and kitchen — light-filled and practical, with a dark granite-top breakfast counter separating the two zones
  • Fitted kitchen with wall-mounted upper cabinets, tiled splashback, double sink, and space for under-counter appliances
  • Bedroom with double bed, built-in-style storage, and a curtained window
  • Bathroom (separately accessed)
  • Tiled floors throughout; large aluminium-framed windows bring in natural light

Location Highlights

The building is steps from North Beach park (approx. 124 m) and faces a beachfront parking esplanade framed by mature palms and ocean views. Oriental City Shopping Mall is roughly 63 m away, and a KwikSpar is within 190 m, placing everyday conveniences at your doorstep. A cluster of restaurants and a pharmacy are all within a 100 m radius.

Investment Appeal

The unit's beachfront address, proximity to the Golden Mile, and compact 54 m² footprint make it ideally suited to holiday and short-term letting. Sectional-title ownership limits maintenance responsibility, and the building's security features add peace of mind for remote investors and owner-occupiers alike.

Key Features

  • Sectional title — 54 m² floor area
  • Secure building with access control
  • Open-plan lounge and fitted kitchen
  • Direct beachfront outlook with ocean and esplanade views
  • Holiday letting / Airbnb-suitable
  • Walking distance to beaches, shopping, dining, and public transport

Rooms & layout

Bedroom 1
Bathroom
Open-plan Lounge
Kitchen

Features & amenities

BeachfrontSectional titleSecurityOpen planFitted kitchenHoliday lettingSea viewOpen plan lounge/kitchenDark granite countertopTiled floors

Price & ownership

Asking price R 780 000
Price per m² R 14 444
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 780K
Taxes + legal + admin fees R 19,3K

Rough split: 97.6% purchase price, 2.4% buying costs.

  • Asking price R 780 000
  • Deeds Office (transfer) R 678
  • Conveyancing (est., incl. VAT) R 18 561
  • Deeds lodgement R 52
  • Total indicative R 799 291

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 7 366 /month

Total paid over 20 years (deposit + repayments): R 1 845 787

Deposit 10% · R 78 000
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 702 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 780 000