Property
South Africa

2

Beds

1

Baths

2

Parking

53 m²

Floor area

Apartment 2 beds 1 bath 53 m²

About this property

Located in the heart of the vibrant Umhlanga Ridge, this 53 sqm, 2-bedroom apartment at Urban Park offers a sophisticated urban lifestyle. The unit is designed for modern comfort, featuring a sleek kitchen with granite tops, porcelain tiling throughout, and two air-conditioning units. A standout feature is the inclusion of two parking bays conveniently located on the same floor as the unit, along with a built-in inverter system to ensure an uninterrupted power supply. Residents enjoy exclusive access to premium on-site amenities, including a fully equipped gym and a heated indoor swimming pool, all protected by 24-hour manned security. The location is unbeatable for convenience, situated just minutes away from Gateway Theatre of Shopping, Busamed Hospital, and the trendy Umhlanga Arch. Whether you're looking for a high-yield investment or a secure lock-up-and-go home, this property places the best of Umhlanga right at your doorstep.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Garage × 2

Features & amenities

Air conditioningGranite kitchen topsInverter systemGymHeated swimming poolSecure parking24 hour securityModern finishes

Price & ownership

Asking price R 1 550 000
Price per m² R 29 245
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 1,6M
Taxes + legal + admin fees R 42,9K

Rough split: 97.3% purchase price, 2.7% buying costs.

  • Asking price R 1 550 000
  • Transfer duty (est.) R 10 200
  • Deeds Office (transfer) R 1 347
  • Conveyancing (est., incl. VAT) R 31 280
  • Deeds lodgement R 52
  • Total indicative R 1 592 879

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 14 637 /month

Total paid over 20 years (deposit + repayments): R 3 667 909

Deposit 10% · R 155 000
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 1 395 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 550 000