Property
South Africa

3

Beds

2

Baths

1

Parking

113 m²

Floor area

Apartment 3 beds 2 baths 113 m²

About this property

Overview

A first-time listing located on the Golden Mile of Durban with a completely sea-facing orientation. This lovely apartment is positioned to be a quick sale.

Features

  • 3 bedrooms
  • Sea-facing orientation
  • Sunrise views over the Indian Ocean

Location

South Beach, Durban's Golden Mile

Rooms & layout

Bedroom × 3
Bathroom × 2
Kitchen
Lounge
Parking
Garage

Features & amenities

Sea facingOcean viewSunrise viewGolden mile

Price & ownership

Asking price R 2 000 000
Price per m² R 17 699
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 2M
Taxes + legal + admin fees R 74,1K

Rough split: 96.4% purchase price, 3.6% buying costs.

  • Asking price R 2 000 000
  • Transfer duty (est.) R 33 786
  • Deeds Office (transfer) R 1 738
  • Conveyancing (est., incl. VAT) R 38 525
  • Deeds lodgement R 52
  • Total indicative R 2 074 101

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 18 887 /month

Total paid over 20 years (deposit + repayments): R 4 732 786

Deposit 10% · R 200 000
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 1 800 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 2 000 000