Sale
South Africa

3

Beds

1

Baths

1

Parking

68 m²

Floor area

Apartment 3 beds 1 bath 68 m²

About this property

Situated in the established Bluff area of Durban, KwaZulu-Natal, this multi-storey apartment complex presents a value-buy opportunity for investors or owner-occupiers with a vision for renovation. The building's distinctive blue and red painted façade is complemented by multiple balconies, and a gated entrance with visible CCTV cameras provides a reassuring level of security.

The 68 m² apartment offers an open-plan kitchen and lounge layout finished with durable tiled flooring and corniced ceilings. The kitchen is well-fitted with white built-in cabinets, granite-look dark countertops, a tiled splashback in a diagonal pattern, a stainless-steel double-bowl sink, and a freestanding electric stove and oven. A balcony door off the kitchen/lounge allows natural light and fresh air to flow through the unit.

The residence accommodates two full bedrooms plus an additional room (noted as a half-bedroom in the listing), one bathroom, and covered parking at ground level beneath the building. One bedroom includes built-in wardrobes. The interior is ready for a modern upgrade — a blank canvas for buyers who want to add value and put their own stamp on the space.

Daily conveniences are close at hand: Truckers restaurant and Silverbacks Clubhouse are within 70 m, a cluster of takeaway options is roughly 180 m away, and Jacobs Value Park shopping centre is approximately 990 m from the property. Hornsea Road Park is around 550 m away for outdoor recreation.

Rooms & layout

Bedroom × 3
Bathroom
Kitchen
Lounge / Living Area
Balcony
Covered Parking / Garage

Features & amenities

security camerasgated entrybalconybuilt in wardrobesrequires renovationopen plan layoutcctv security camerasopen plan kitchen loungebuilt in stove and ovengranite look countertops

Price & ownership

Asking price R 450 000
Price per m² R 6 618
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 450K
Taxes + legal + admin fees R 14K

Rough split: 97.0% purchase price, 3.0% buying costs.

  • Asking price R 450 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 13 533
  • Deeds lodgement R 52
  • Total indicative R 464 019

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 4 249 /month

Total paid over 20 years (deposit + repayments): R 1 064 877

Deposit 10% · R 45 000
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 405 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.