Sale
South Africa

1

Beds

1

Baths

1

Parking

72 m²

Floor area

Apartment 1 bed 1 bath 72 m²

About this property

Save time and money – live near work. Opportunity to own an upmarket apartment at a low price, ideal for professionals working in the city center. Walking distance to court, banks and municipal offices (eThekwini offices).

This one-bedroom apartment is situated on the Esplanade in one of the most preferred sections of the area and also one of the most secured. It offers fabulous harbour views.

The apartment is part of a unique development where two apartments sit side by side, giving you the opportunity to double your living space if desired.

Location highlights: The famous Waverley corner of Aliwal Street and Esplanade, with Mancosa and Regent school of business nearby.

Features:

  • Full harbour view
  • Modern fully-fitted kitchen with granite tops
  • Modern bathroom with shower, fully functional Jacuzzi and heated towel rack
  • Parking included
  • Separate storage included in the levy
  • Secure building with 24-hour security

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Garage

Features & amenities

harbour viewparkingstoragesecurityJacuzziheated towel rackgranite countertopsmodern finishes

Price & ownership

Asking price R 710 000
Price per m² R 9 861
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 710K
Taxes + legal + admin fees R 18,2K

Rough split: 97.5% purchase price, 2.5% buying costs.

  • Asking price R 710 000
  • Deeds Office (transfer) R 617
  • Conveyancing (est., incl. VAT) R 17 515
  • Deeds lodgement R 52
  • Total indicative R 728 184

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 6 705 /month

Total paid over 20 years (deposit + repayments): R 1 680 139

Deposit 10% · R 71 000
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 639 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.