Sale
South Africa

2

Beds

2

Baths

1

Parking

73 m²

Floor area

Apartment 2 beds 2 baths 73 m²

About this property

This modern two bedroom apartment is positioned within a well-established and secure complex in the heart of Park Hill, Durban North. Offering intercom access, remote-controlled entrance gates, and one secure parking bay behind closed gates, the property provides both convenience and peace of mind.

Ideally located, the apartment is within close proximity to major access routes, a selection of reputable schools, various shops and restaurants, and is centrally positioned between Durban and Umhlanga — making it highly attractive to both tenants and homeowners.

The apartment features modern open-plan living with high ceilings and exposed beams, enhancing the sense of space and contemporary appeal. The fully fitted kitchen offers ample cupboard and cabinet space, an electric stove and hob, and plumbing for a washing machine.

The lounge flows seamlessly through sliding doors onto a spacious covered balcony with inland views — the perfect setting for relaxed evenings or effortless entertaining.

Accommodation comprises two generously sized bedrooms, both fitted with built-in cupboards. The main bedroom enjoys the convenience of an en-suite bathroom with modern finishes, including a shower, basin, and toilet. A second bathroom services the home and includes a bath, basin, and toilet.

Additional features include a prepaid electricity meter for cost control and efficiency.

With a long-standing tenant already in place, this property presents an ideal turnkey investment opportunity. It is equally suited to a first-time buyer looking to enter the sought-after Durban North market.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Garage

Features & amenities

secure complexintercom accessremote controlled gatesparkingopen-plan livinghigh ceilingsexposed beamsbuilt-in cupboardsen-suite bathroomcovered balcony

Price & ownership

Asking price R 1 300 000
Price per m² R 17 808
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 1,3M
Taxes + legal + admin fees R 30,9K

Rough split: 97.7% purchase price, 2.3% buying costs.

  • Asking price R 1 300 000
  • Transfer duty (est.) R 2 700
  • Deeds Office (transfer) R 1 130
  • Conveyancing (est., incl. VAT) R 27 025
  • Deeds lodgement R 52
  • Total indicative R 1 330 907

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 12 276 /month

Total paid over 20 years (deposit + repayments): R 3 076 311

Deposit 10% · R 130 000
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 1 170 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.