Sale
South Africa

9

Beds

5

Baths

3

Parking

1,209 m²

Floor area

1,209 m²

Stand size

House 9 beds 5 baths 1,209 m²

About this property

This substantial multi-unit residential property in Avoca, Durban, presents an exceptional opportunity for large families, multi-generational living, or savvy investors seeking reliable rental income. Set on an impressive 1 209 m² erf, the home commands a scenic elevated position in this well-established north Durban suburb.

The property is thoughtfully divided into four self-contained living units. Unit 1 offers four bedrooms, a lounge, a kitchen, and two bathrooms. Unit 2 provides 2.5 bedrooms, a kitchen, a lounge, a separate bathroom and toilet, plus access to a roof patio with elevated views. Unit 3 comprises two bedrooms, a kitchen, a lounge, a separate bath and toilet. A free-standing cottage completes the package with one bedroom, a lounge, a kitchen, and a separate bathroom and toilet — ideal for extended family or supplementary income.

Across all units the property totals nine bedrooms, five bathrooms, four lounges, two dining rooms, and four kitchens. Bedrooms are generously proportioned and fitted with full built-in wardrobes. Air-conditioning is installed in select rooms. Tiled flooring runs throughout, and security is well considered with burglar bars on all windows, a perimeter fence, an access gate, and a security gate.

Outdoor living includes a private garden, a patio, and a balcony framing leafy green views toward the surrounding neighbourhood, with flowering jacarandas adding seasonal colour. A driveway leads to three secure garages with additional off-street parking. Staff quarters and dedicated storage are also provided. Additional water meters have been installed to facilitate separate billing per unit.

The location is exceptionally well served for families: St Michaels Primary School is approximately 294 m away, Avoca Secondary School roughly 430 m, and Superkids Pre-Primary & Daycare under 410 m — making this an ideal address for households with children at various school levels.

Rooms & layout

Bedroom × 9
Bathroom × 5
Living room × 4
Dining room × 2
Kitchen × 4
Garage × 3
Room × 2
Storage
Patio × 2
Garden

Features & amenities

built in wardrobesair conditioningbalconypatiogardenscenic viewburglar barssecurity gateaccess gateperimeter fence

Price & ownership

Asking price R 2 150 000
Price per m² R 1 778
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 2,2M
Taxes + legal + admin fees R 85,1K

Rough split: 96.2% purchase price, 3.8% buying costs.

  • Asking price R 2 150 000
  • Transfer duty (est.) R 42 786
  • Deeds Office (transfer) R 1 868
  • Conveyancing (est., incl. VAT) R 40 415
  • Deeds lodgement R 52
  • Total indicative R 2 235 121

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 20 303 /month

Total paid over 20 years (deposit + repayments): R 5 087 745

Deposit 10% · R 215 000
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 1 935 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.