Apartment for sale

R 890 000

Reservoir Hills , Durban , KwaZulu-Natal

Beds

Baths

Parking

75 m²

Floor area

Apartment 2 beds 2 baths 75 m²

About this property

Gated complex with 24/7 manned security, communal pool, visitors parking, garage and a carport. Gorgeous flat with air-conditioned lounge leading onto a balcony with panoramic views. It includes an open plan kitchen with granite tops, undercounter oven, hob and extractor fan, plus adjoining laundry. Further, 2 cosy bedrooms with 2 bathrooms (main en-suite).

Rooms & layout

Bedroom × 2

Bathroom × 2

Lounge

Kitchen

Laundry

Garage × 2

Features & amenities

SecurityPoolBalconyViewsAir conditioningGranite kitchenEn suiteParkingCarportGated complex

Price & ownership

Asking price R 890 000

Price per m² R 11 867

Municipal valuation -

Cost to buy (indicative)

Including bond costs

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 890K

Taxes + legal + admin fees R 21K

Rough split: 97.7% purchase price, 2.3% buying costs.

Asking price R 890 000
Deeds Office (transfer) R 773
Conveyancing (est., incl. VAT) R 20 206
Deeds lodgement R 52
Total indicative R 911 031

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 8 405 /month

Total paid over 20 years (deposit + repayments): R 2 106 090

Deposit 10% · R 89 000

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 801 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.