1
Beds
1
Baths
1
Parking
41 m²
Floor area
About this property
Situated on the first floor of the well-maintained Ipiti complex in the sought-after Ocean View area of the Bluff, Durban, this compact 41 m² apartment offers a secure and comfortable living environment with excellent investment credentials. The building presents a neat three-storey façade finished in warm terracotta and sand tones, with covered garaging at ground level — a rare convenience at this price point. The unit comprises one bedroom, a bathroom, and a garage, making it an ideal buy-to-let acquisition or a stepping stone for a first-time buyer. The complex features a secure entrance, established garden planting along the access walkway, and air-conditioning units visible on several apartments. Residents enjoy easy access to a cluster of eateries — including Silverbacks Clubhouse and Truckers restaurant within metres of the block — as well as Jacobs Value Park shopping mall roughly one kilometre away and several primary and secondary schools within approximately 1 km, underscoring the area's strong rental demand. Transport routes linking the Bluff to central Durban are readily accessible, rounding out the appeal of this low-maintenance investment.
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 97.2% purchase price, 2.8% buying costs.
- Asking price R 540 000
- Deeds Office (transfer) R 469
- Conveyancing (est., incl. VAT) R 14 973
- Deeds lodgement R 52
- Total indicative R 555 494
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
Total paid over 20 years (deposit + repayments): R 1 277 852
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 486 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.