Sale
South Africa

2

Beds

2

Baths

991 m²

Floor area

995 m²

Stand size

Apartment 2 beds 2 baths 991 m²

About this property

A contemporary new development on Currie Road in the sought-after suburb of Essenwood/Musgrave, Durban, comprising 11 units set on a 995 m² plot. The development offers three distinct unit types to suit a range of buyers:

2-Bedroom Units (6 available) – from R 1,999,000: Each unit offers 90 m² of internal living space, featuring an en-suite main bedroom, a second bedroom served by a common bathroom, and a generous open-plan kitchen, lounge, and dining area. Finishes are of a notably high standard, including large-format porcelain tiles, Hans Grohe taps, rain showers, ducted air conditioning, and a sleek kitchen fitted with two-tone gloss cabinetry, quartz countertops, a ceramic hob, under-counter oven, and extractor. Each unit comes with one dedicated parking bay.

Garden Units (3 available) – from R 2,099,000: Sharing the same 90 m² layout and finishes as the 2-bedroom units, these ground-floor apartments enjoy a private garden area of approximately 40 m², offering an outdoor lifestyle rarely found in apartment living. One parking bay included.

Double-Storey 3-Bedroom Shell Apartments (2 available) – R 2,799,000: Substantial duplex units spanning 242 m² (121 m² per floor). The lower level accommodates the bedrooms and bathrooms; the upper level hosts the kitchen, lounge, dining area, and a guest toilet. Two parking bays included. These are offered as shells, allowing buyers to specify their own finishes.

Building-wide amenities include 24-hour security, a passenger lift, and prepaid electricity and water meters. The development is ideally positioned: Durban Girls' College is virtually on the doorstep (approx. 66 m), Maris Stella School for Girls is within 275 m, and Checkers Foods Cowey Park supermarket is roughly 600 m away — making this an outstanding location for families and investors alike.

Rooms & layout

Open-plan kitchen / lounge / dining area
Bedroom × 2
Common bathroom
Private garden (garden units)
Guest toilet (duplex units)
Parking bay

Features & amenities

new developmenthigh end finisheshans grohe tapsrain showerquartz countertopstwo tone gloss cabinetryceramic hob & under counter ovenducted air conditioninglarge format porcelain tilesprivate garden option

Price & ownership

Asking price R 19 200 000
Price per m² R 19 374
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 19,2M
Taxes + legal + admin fees R 2,2M

Rough split: 89.8% purchase price, 10.2% buying costs.

  • Asking price R 19 200 000
  • Transfer duty (est.) R 2 007 156
  • Deeds Office (transfer) R 7 751
  • Conveyancing (est., incl. VAT) R 160 588
  • Deeds lodgement R 52
  • Total indicative R 21 375 547

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 181 311 /month

Total paid over 20 years (deposit + repayments): R 45 434 745

Deposit 10% · R 1 920 000
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 17 280 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.