7
Beds
3
Baths
1,112 m²
Floor area
1,112 m²
Stand size
About this property
Well-Established Family Home with Income-Generating Cottage — Reservoir Hills, Durban
Prime Property presents this spacious 4-bedroom family home set on a generous 1 112 m² stand in the much-loved suburb of Reservoir Hills. Known for its tree-lined streets, welcoming community, and excellent access to Durban's main arterials, this property strikes an ideal balance between comfortable family living and sound investment potential.
Main Residence
- 4 bedrooms, including a main bedroom with en-suite bathroom
- 2 bathrooms in total
- Lounge — generously proportioned, featuring dark parquet flooring, bold crimson feature walls, full-length draped curtains, and security-barred windows; fitted with a wall-mounted air-conditioning unit and a built-in entertainment unit with display cabinetry
- Dining room — open to the lounge, with matching décor, a large wall mirror, and ample space for a six-seater table set
- Kitchen — practical U-shaped layout with beech-tone cabinetry and contrasting dark granite-look countertops, tiled splash-backs, double sink, electric hob, extractor, and space for a washing machine
Cottage
A self-contained 3-bedroom cottage with its own kitchen and bathroom — ideal for extended family or as a rental income unit to offset bond repayments.
Outdoor & Stand
Ample yard space on a 1 112 m² erf provides room to entertain, landscape, or add additional structures (subject to municipal approval).
Location Highlights
Halpin Avenue Park is just ±120 m away, and Reservoir Hills Secondary School is within ±316 m — making school-run mornings easy. A pharmacy, ATM, and several eateries are all within a 250 m radius, while supermarkets and a preschool are reachable within 800 m. Public transport via Dunkel Road Bus Stop is approximately 170 m from the property.
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: 97.2% purchase price, 2.8% buying costs.
- Asking price R 1 650 000
- Transfer duty (est.) R 13 200
- Deeds Office (transfer) R 1 434
- Conveyancing (est., incl. VAT) R 32 890
- Deeds lodgement R 52
- Total indicative R 1 697 576
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 3 904 548
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 1 485 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.
R 1 650 000