Apartment for sale

R 2 350 000

Umhlanga Central , Durban , KwaZulu-Natal

Beds

Baths

Parking

106 m²

Floor area

Apartment 2 beds 2 baths 106 m²

About this property

Modern ground-floor apartment in prestigious Sibaya Precinct. Step into contemporary coastal living with this beautifully designed ground-floor apartment in the highly sought-after Sibaya Precinct. Offering the perfect balance of luxury, security, and convenience, this home is ideal for professionals, investors, or families looking to be part of a thriving upmarket community.

Property Features:

2 Spacious Bedrooms with ample natural light and built-in cupboards

2 Modern Bathrooms, including a sleek en-suite with a walk-in shower

Open-Plan Kitchen, Dining & Lounge – fitted with high-end finishes and a seamless flow for everyday living

Covered Patio & Private Garden – the perfect setting for entertaining or relaxing while enjoying the lush greenery

Dedicated Workspace/Study Nook ideal for remote working

Secure Basement Parking and 24-hour manned security

Lifestyle & Location:

Living in the Sibaya Precinct means more than just owning an apartment – it's about enjoying a lifestyle. Residents benefit from world-class security, communal swimming pools, braai areas, and landscaped gardens, all while being just minutes away from Umhlanga, Umdloti, King Shaka International Airport, and the Gateway Theatre of Shopping.

Rooms & layout

Bedroom × 2

Bathroom × 2

Kitchen

Dining Room

Lounge

Study

Garage × 2

Features & amenities

SecuritySwimming poolBraai areaGardenPatioBasement parkingBuilt in cupboardsEn suite

Price & ownership

Asking price R 2 350 000

Price per m² R 22 170

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 2,4M

Taxes + legal + admin fees R 100,2K

Rough split: 95.9% purchase price, 4.1% buying costs.

Asking price R 2 350 000
Transfer duty (est.) R 55 200
Deeds Office (transfer) R 2 042
Conveyancing (est., incl. VAT) R 42 935
Deeds lodgement R 52
Total indicative R 2 450 229

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 22 192 /month

Total paid over 20 years (deposit + repayments): R 5 561 024

Deposit 10% · R 235 000

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 2 115 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.