Property
South Africa

2

Beds

1

Baths

1

Parking

Apartment 2 beds 2 baths

About this property

Overview

Modern and spacious 2.5 bedroom apartment close to Durban's promenade and Southern Sun Hotels. Lovely sea views from bedrooms and lounge.

Features

  • Spacious and comfortable bedrooms with built-in cupboards
  • Enclosed balcony
  • Sea views from bedrooms and lounge
  • Ultra modern fitted kitchen with high gloss doors and Caesarstone tops
  • Separate dining and lounge areas
  • Separate toilet and bathroom with shower
  • Porcelain tiles throughout
  • Under cover parking
  • 24-hour manned security

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Dining Room
Toilet
Parking
Garage

Features & amenities

Sea viewsModern kitchenBuilt in cupboardsEnclosed balconySecurityUnder cover parking

Price & ownership

Asking price R 1 350 000
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 1,4M
Taxes + legal + admin fees R 33,3K

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

  • Asking price R 1 350 000
  • Transfer duty (est.) R 4 200
  • Deeds Office (transfer) R 1 173
  • Conveyancing (est., incl. VAT) R 27 887
  • Deeds lodgement R 52
  • Total indicative R 1 383 312

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 12 748 /month

Total paid over 20 years (deposit + repayments): R 3 194 631

Deposit 10% · R 135 000
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 1 215 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 350 000