Sale
South Africa

1

Beds

1

Baths

1

Parking

48 m²

Floor area

Apartment 1 bed 1 bath 48 m²

About this property

This cosy bachelor apartment in the leafy Essenwood suburb of Durban offers a smart open-plan layout across a generous 48 m², combining the sleeping, living, and kitchen areas in one light-filled space. The unit is situated on the third floor of a well-maintained complex, with no lift access, and enjoys partial sea views from its spacious tiled balcony — an ideal spot for morning coffee or an evening sea breeze.

The open-plan living area is fitted with large sliding doors that open directly onto the balcony, keeping the space airy and connected to the outdoors. A freestanding wardrobe divides the sleeping zone from the kitchen nook. The kitchen is well-equipped with white cabinetry, granite-effect worktops, white-tiled splashbacks, a gas/electric freestanding stove, a double sink, fridge space, and overhead cupboards. A wall-mounted air-conditioning unit ensures year-round comfort. The unit includes a lock-up-and-go garage for secure parking.

Residents have access to a communal braai area within the complex. Water is included in the purchase price's levy structure; electricity and refuse are billed separately by the municipality.

Essenwood is one of Durban's most sought-after urban neighbourhoods, with Durban Girls' College approximately 66 m away, Checkers Foods at Cowey Park roughly 600 m away, Ridge Road Park within easy reach, and The Fitness Shack gym around 430 m from the door — making this a superb lock-up-and-go investment or first-home opportunity.

Rooms & layout

Open-plan bedroom/lounge
Kitchen
Bathroom
Balcony
Garage

Features & amenities

balconysea viewgaragebraai areaopen planmodernpartial sea viewopen plan layoutair conditioninglock up garage

Price & ownership

Asking price R 750 000
Price per m² R 15 625
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 750K
Taxes + legal + admin fees R 18,8K

Rough split: 97.6% purchase price, 2.4% buying costs.

  • Asking price R 750 000
  • Deeds Office (transfer) R 652
  • Conveyancing (est., incl. VAT) R 18 113
  • Deeds lodgement R 52
  • Total indicative R 768 817

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 7 082 /month

Total paid over 20 years (deposit + repayments): R 1 774 795

Deposit 10% · R 75 000
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 675 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.