Sale
South Africa

6

Beds

3

Baths

3

Parking

674 m²

Floor area

Apartment 6 beds 3 baths 674 m²

About this property

Great investment in Daajeeling Road, Dunveria. A very neat double-story home with an exceptional view in a great area. This home comes with a 3-bedroom flat on the bottom floor with separate entry and carport that brings in a second rental income and could almost service the required bond amount. The apartment is being neatly renovated at this time so tenants can move into a fresh home.

The top floor, utilized as the main residence, is superbly finished with three spacious bedrooms (one with en-suite), a communal bathroom, extensive lounge, and a very neat kitchen.

A double garage is available and the entire property is neatly security fenced with remote gate. The property is well situated and within close proximity of schools, shopping malls, and the main Durban to Johannesburg highway.

This is a great, well-priced starter home in a quiet area and an exceptional investment opportunity.

Rooms & layout

Bedroom × 6
Bathroom × 3
Kitchen
Lounge
Garage × 3

Features & amenities

security fencedremote gateen-suiterental income opportunitydouble garagedouble storyview

Price & ownership

Asking price R 1 150 000
Price per m² R 1 706
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 1,2M
Taxes + legal + admin fees R 25,5K

Rough split: 97.8% purchase price, 2.2% buying costs.

  • Asking price R 1 150 000
  • Deeds Office (transfer) R 999
  • Conveyancing (est., incl. VAT) R 24 437
  • Deeds lodgement R 52
  • Total indicative R 1 175 488

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 10 860 /month

Total paid over 20 years (deposit + repayments): R 2 721 352

Deposit 10% · R 115 000
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 1 035 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.