Property
South Africa

1

Beds

1

Baths

54 m²

Floor area

Apartment 1 bed 1 bath 54 m²

About this property

Overview

Welcome to this Shareblock Apartment in the heart of Durban Central, now available for sale. This charming 1-bedroom, 1-bathroom apartment offers a total living area of 54 square meters, ideal for those seeking a convenient location amidst the bustle of city life. This well-appointed flat is new to the market and ready for you to call home.

Property Details

Built in June 1964, this classic brick apartment exudes timeless appeal. The property features:

  • Efficient layout
  • Lift-elevator for easy access
  • Natural light throughout
  • Wood floors
  • Built-in closet
  • No pets allowed in the building

Location & Amenities

Located on a busy road, you'll find yourself just steps away from essential amenities and public transportation. The vibrant city center offers proximity to:

  • Bus routes
  • Highways
  • Schools
  • Shops
  • Children's parks

Whether you're commuting or exploring, the convenience of this location is unmatched.

Summary

This vacant apartment represents a unique opportunity to own a piece of Durban's rich history while enjoying all the benefits of contemporary urban living.

Rooms & layout

Bedroom 1
Bathroom
Lounge
Kitchen

Features & amenities

Lift elevatorWood floorsBuilt in closetCity center locationPublic transportationNo pets

Price & ownership

Asking price R 490 000
Price per m² R 9 074
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 490K
Taxes + legal + admin fees R 14,7K

Rough split: 97.1% purchase price, 2.9% buying costs.

  • Asking price R 490 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 14 207
  • Deeds lodgement R 52
  • Total indicative R 504 693

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 4 627 /month

Total paid over 20 years (deposit + repayments): R 1 159 533

Deposit 10% · R 49 000
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 441 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 490 000