Property
South Africa

1

Beds

1

Baths

93 m²

Floor area

Apartment 1 bed 1 bath 93 m²

About this property

Overview

Step into coastal living with this spacious 1-bedroom, 1-bathroom apartment perfectly positioned on Durban's sought-after North Beach. Whether you're looking for a holiday retreat or a smart income-generating investment, this property ticks all the boxes.

Features

  • Spacious living and dining areas with parquet and tiled floors
  • Fully fitted kitchen with modern finishes
  • Neat bathroom with shower
  • Large bedroom offering comfort and style
  • Unbeatable beachfront location — walk straight to the sand and surf
  • 24-hour security for peace of mind
  • Transfer from shareblock to sectional title — adding long-term value

Details

This neat and well-maintained apartment is not just a home, but a lifestyle and investment rolled into one.

Monthly levy: R4,189

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Lounge
Dining Room

Features & amenities

BeachfrontSecuritySectional titleHoliday apartmentInvestment property

Price & ownership

Asking price R 650 000
Price per m² R 6 989
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 650K
Taxes + legal + admin fees R 17,2K

Rough split: 97.4% purchase price, 2.6% buying costs.

  • Asking price R 650 000
  • Deeds Office (transfer) R 565
  • Conveyancing (est., incl. VAT) R 16 618
  • Deeds lodgement R 52
  • Total indicative R 667 235

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 6 138 /month

Total paid over 20 years (deposit + repayments): R 1 538 155

Deposit 10% · R 65 000
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 585 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 650 000