Sale
South Africa

1

Beds

1

Baths

1

Parking

Apartment 1 bed 1 bath

About this property

Overview

Explore urban living in Durban CBD. This 1-bedroom, 1-bathroom apartment is exclusively available under a Sole Mandate in Durban Central, KwaZulu-Natal. It offers the perfect blend of comfort and convenience, with a strategic location just moments away from vibrant city life.

Features & Amenities

Access & Security

  • Lift-elevator and intercom system with face scanner for secure access
  • 24-hour manned CCTV cameras and surveillance
  • Covered parking space for safe vehicle storage

Interior

  • Built-in closets
  • Tiled floors throughout
  • Carpet in the bedroom
  • Modern amenities

Building

  • Durable brick exterior

Location Highlights

Easy access to:

  • Beach
  • Hospitals
  • Parks
  • Public transportation
  • Schools
  • Shops and shopping mall
  • Nearby universities and campuses

Investment Opportunity

Currently tenant-occupied, this property presents a unique investment opportunity for first-time buyers and astute investors alike.

Rooms & layout

Bedroom 1
Bathroom
Lounge
Kitchen
Covered Parking
Garage

Features & amenities

security24-hour CCTVelevatorintercom systemface scannercovered parkingbuilt-in closetsmodern amenitiesinvestment opportunitytenant-occupied

Price & ownership

Asking price R 470 000
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 470K
Taxes + legal + admin fees R 14,4K

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

  • Asking price R 470 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 13 870
  • Deeds lodgement R 52
  • Total indicative R 484 356

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 4 438 /month

Total paid over 20 years (deposit + repayments): R 1 112 205

Deposit 10% · R 47 000
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 423 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.