Property
South Africa

3

Beds

3

Baths

4

Parking

215 m²

Floor area

Commercial 3 beds 3 baths 215 m²

About this property

One level, drive up access apartment offering luxury living in a sea view environment. This stunning 3 bedroom, 3 bathroom, 2 en-suite unit features a gourmet open plan granite kitchen with a large scullery fitted with a gas range. Direct access from the garage into the unit with 2 parking bays. Lounge/dining room area seamlessly leads onto a patio enclosed with frameless glass and a magnificent sea view. Quality finishes throughout. The main bedroom has a walk-in dressing room and a well appointed full bathroom.

The estate is secure with face recognition security and features a beautiful play area with cricket nets for the kids. Close to all amenities: 5 mins to Gateway Shopping Centre and La Lucia Mall, 10 mins to Umhlanga Village, restaurants, beaches and The Promenade, 5 mins to office parks, schools and golf courses, 15 mins to King Shaka Airport.

Rooms & layout

Bedroom × 3
Bathroom × 3
Kitchen
Lounge/Dining Room
Scullery
Patio
Garage × 4

Features & amenities

Sea viewLuxuryOpen plan kitchenGranite kitchenEn suiteWalk in dressing roomFrameless glass patioSecure estateFace recognition securityPlay area

Price & ownership

Asking price R 5 900 000
Price per m² R 27 442
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 5,9M
Taxes + legal + admin fees R 513,2K

Rough split: 92.0% purchase price, 8.0% buying costs.

  • Asking price R 5 900 000
  • Transfer duty (est.) R 426 356
  • Deeds Office (transfer) R 5 127
  • Conveyancing (est., incl. VAT) R 81 666
  • Deeds lodgement R 52
  • Total indicative R 6 413 201

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 55 715 /month

Total paid over 20 years (deposit + repayments): R 13 961 719

Deposit 10% · R 590 000
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 5 310 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 5 900 000