Property
South Africa

2

Beds

2

Baths

2

Parking

93 m²

Floor area

Apartment 2 beds 2 baths 93 m²

About this property

Ideal opportunity to invest in a luxury apartment with panoramic views of the ocean and city skyline. Offering 2 spacious bedrooms and 2 bathrooms with ample built-in cupboards. Beautifully appointed and fully furnished for executive living. This property is currently part of a rental management programme and earns an income.

Features include excellent security with a concierge desk and biometric access, as well as 2 undercover secure parking spaces. The prestigious Umhlanga Arch offers mixed-use facilities, including restaurants, bars and shopping facilities.

Situated close to Umhlanga Village, main swimming beaches, top class restaurants and shopping malls, and a 10 minute drive from King Shaka International Airport. Stylish property in an upmarket suburb.

Rooms & layout

Bedroom × 2
Bathroom × 2
Lounge
Kitchen
Garage × 2

Features & amenities

SecurityConciergeBiometric accessParkingFurnishedOcean viewsCity viewsRental incomeExecutive living

Price & ownership

Asking price R 5 300 000
Price per m² R 56 989
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 5,3M
Taxes + legal + admin fees R 443,1K

Rough split: 92.3% purchase price, 7.7% buying costs.

  • Asking price R 5 300 000
  • Transfer duty (est.) R 360 356
  • Deeds Office (transfer) R 4 606
  • Conveyancing (est., incl. VAT) R 78 106
  • Deeds lodgement R 52
  • Total indicative R 5 743 120

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 50 050 /month

Total paid over 20 years (deposit + repayments): R 12 541 883

Deposit 10% · R 530 000
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 4 770 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 5 300 000