Property
South Africa

1

Beds

1

Baths

1

Parking

Apartment 1 bed 1 bath

About this property

Overview

Explore urban living in Durban CBD. This 1-bedroom, 1-bathroom apartment is exclusively available under a Sole Mandate in Durban Central, KwaZulu-Natal. It offers the perfect blend of comfort and convenience, with a strategic location just moments away from vibrant city life.

Features & Amenities

Access & Security

  • Lift-elevator and intercom system with face scanner for secure access
  • 24-hour manned CCTV cameras and surveillance
  • Covered parking space for safe vehicle storage

Interior

  • Built-in closets
  • Tiled floors throughout
  • Carpet in the bedroom
  • Modern amenities

Building

  • Durable brick exterior

Location Highlights

Easy access to:

  • Beach
  • Hospitals
  • Parks
  • Public transportation
  • Schools
  • Shops and shopping mall
  • Nearby universities and campuses

Investment Opportunity

Currently tenant-occupied, this property presents a unique investment opportunity for first-time buyers and astute investors alike.

Rooms & layout

Bedroom 1
Bathroom
Lounge
Kitchen
Covered Parking
Garage

Features & amenities

Security24 hour CCTVElevatorIntercom systemFace scannerCovered parkingBuilt in closetsModern amenitiesInvestment opportunityTenant occupied

Price & ownership

Asking price R 430 000
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 430K
Taxes + legal + admin fees R 13,7K

Rough split: 96.9% purchase price, 3.1% buying costs.

  • Asking price R 430 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 13 196
  • Deeds lodgement R 52
  • Total indicative R 443 682

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 4 061 /month

Total paid over 20 years (deposit + repayments): R 1 017 549

Deposit 10% · R 43 000
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 387 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 430 000