Property
South Africa

3

Beds

3

Baths

3

Parking

153 m²

Floor area

152 m²

Stand size

Commercial 3 beds 3 baths 153 m²

About this property

Overview

Discover this inviting 3-bedroom, 3-bathroom residence situated within a secure complex in the desirable Glenwood area of Durban, South Africa. Boasting a floor size of 153.00 m² on a 152.00 m² erf, this property offers a comfortable and practical living environment.

Interior Features

The interior features an open-plan lounge and dining area, characterized by classic parquet flooring and ample natural light, creating a welcoming atmosphere for both relaxation and entertaining. A dedicated built-in bar area adds a touch of sophistication, perfect for social gatherings.

The well-appointed kitchen provides functional space for daily needs.

Bedrooms

Each of the three bedrooms offers comfortable accommodation, with one featuring an en-suite bathroom for added privacy. The bedrooms benefit from large windows, with one showcasing a pleasant green view, and are equipped with modern conveniences such as air conditioning and ceiling fans for optimal climate control. One room is currently configured as a home office, highlighting the property's versatility.

Bathrooms

The bathrooms are tiled and include a corner bathtub and separate shower, catering to diverse preferences.

Security & Parking

Security is a key feature of this complex, with robust measures including:

  • Access gate
  • Electric fencing
  • Alarm system

The property includes two garages and an additional parking space, providing secure accommodation for vehicles.

Construction & Potential

Brick construction with potential for cosmetic updates.

Rooms & layout

Bedroom × 3
Bathroom × 3
Kitchen
Lounge
Dining Room
Home Office
Garage × 3

Features & amenities

Secure complexElectric fencingAlarm systemAir conditioningCeiling fansParquet flooringBuilt in barEn suite bathroomNatural lightHome office

Price & ownership

Asking price R 1 450 000
Price per m² R 9 477
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 1,5M
Taxes + legal + admin fees R 38,1K

Rough split: 97.4% purchase price, 2.6% buying costs.

  • Asking price R 1 450 000
  • Transfer duty (est.) R 7 200
  • Deeds Office (transfer) R 1 260
  • Conveyancing (est., incl. VAT) R 29 612
  • Deeds lodgement R 52
  • Total indicative R 1 488 124

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 13 693 /month

Total paid over 20 years (deposit + repayments): R 3 431 270

Deposit 10% · R 145 000
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 1 305 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 450 000