Property
South Africa

7

Beds

3

Baths

1,112 m²

Floor area

1,112 m²

Stand size

House 7 beds 3 baths 1,112 m²

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

Bedroom × 7
Bathroom × 3
Kitchen × 2
Lounge
Dining Room

Features & amenities

2 bathroomsCottageEn suiteLeafy areaFamily homeEn suite main bedroomSeparate cottageInvestment income potentialAir conditioningSecurity burglar bars

Price & ownership

Asking price R 1 650 000
Price per m² R 1 484
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 1,7M
Taxes + legal + admin fees R 47,6K

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

R 15 581 /month

Total paid over 20 years (deposit + repayments): R 3 904 548

Deposit 10% · R 165 000
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 1 485 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 650 000