Sale
South Africa

1

Beds

1

Baths

54 m²

Floor area

Apartment 1 bed 1 bath 54 m²

About this property

Overview

Welcome to this Shareblock Apartment in the heart of Durban Central, now available for sale. This charming 1-bedroom, 1-bathroom apartment offers a total living area of 54 square meters, ideal for those seeking a convenient location amidst the bustle of city life. This well-appointed flat is new to the market and ready for you to call home.

Property Details

Built in June 1964, this classic brick apartment exudes timeless appeal. The property features:

  • Efficient layout
  • Lift-elevator for easy access
  • Natural light throughout
  • Wood floors
  • Built-in closet
  • No pets allowed in the building

Location & Amenities

Located on a busy road, you'll find yourself just steps away from essential amenities and public transportation. The vibrant city center offers proximity to:

  • Bus routes
  • Highways
  • Schools
  • Shops
  • Children's parks

Whether you're commuting or exploring, the convenience of this location is unmatched.

Summary

This vacant apartment represents a unique opportunity to own a piece of Durban's rich history while enjoying all the benefits of contemporary urban living.

Rooms & layout

Bedroom 1
Bathroom
Lounge
Kitchen

Features & amenities

lift-elevatorwood floorsbuilt-in closetcity center locationpublic transportationno pets

Price & ownership

Asking price R 490 000
Price per m² R 9 074
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 490K
Taxes + legal + admin fees R 14,7K

Rough split: 97.1% purchase price, 2.9% buying costs.

  • Asking price R 490 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 14 207
  • Deeds lodgement R 52
  • Total indicative R 504 693

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 4 627 /month

Total paid over 20 years (deposit + repayments): R 1 159 533

Deposit 10% · R 49 000
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 441 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.