Property
South Africa

2

Beds

1

Baths

94 m²

Floor area

Apartment 2 beds 1 bath 94 m²

About this property

Overview

A recently renovated designer apartment in Durban Central, just a walk from uShaka Marine World. Wake up to beautiful sea views and enjoy a luxury lifestyle in this well-appointed home.

Features

  • Open-plan kitchen and lounge area
  • Kitchen with cupboards and new fitted stove
  • Multiple rooms, each with built-in cupboards
  • Ideal layout for a family

Security

This building is safe and secure with comprehensive security features:

  • Electric gate
  • CCTV camera monitoring

Location

Walking distance to uShaka Marine World in Durban Central.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge

Features & amenities

Sea viewsSecurityElectric gateCCTV cameraRenovatedFitted kitchenOpen plan

Price & ownership

Asking price R 1 300 000
Price per m² R 13 830
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 1,3M
Taxes + legal + admin fees R 30,9K

Rough split: 97.7% purchase price, 2.3% buying costs.

  • Asking price R 1 300 000
  • Transfer duty (est.) R 2 700
  • Deeds Office (transfer) R 1 130
  • Conveyancing (est., incl. VAT) R 27 025
  • Deeds lodgement R 52
  • Total indicative R 1 330 907

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 12 276 /month

Total paid over 20 years (deposit + repayments): R 3 076 311

Deposit 10% · R 130 000
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 1 170 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 300 000