Sale
South Africa

2

Beds

1

Baths

1

Parking

60 m²

Floor area

Apartment 2 beds 1 bath 60 m²

About this property

This well-priced 60 m² two-bedroom apartment in a well-established retirement complex in Glenwood, Durban, offers comfortable, easy-living for the discerning retiree. The spacious, light-filled open-plan lounge and dining area features terracotta-tiled floors, a ceiling fan, large windows with sheer curtains, and flows seamlessly into a fitted kitchen complete with white cabinetry, a breakfast bar with bar stools, tiled splashback, and pendant lighting. The master bedroom features a shower en-suite, while a second bedroom provides ample built-in cupboard space. A private garage is included.

The monthly levy of R4 420.20 covers water and electricity, making budgeting predictable and hassle-free. The complex is pet friendly and caters exclusively to residents aged 60 and above, ensuring a peaceful, like-minded community. On-site amenities include a communal laundry, library, communal TV lounge, affordable daily meals, and beautifully maintained communal gardens ideal for relaxed strolls.

The location is exceptionally convenient: Kingsley Gardens park is approximately 111 m away, The Glenwood Bakery is within 145 m, and Berea Centre shopping mall is roughly 500 m from your door — daily errands and leisure are effortlessly close.

Rooms & layout

Bedroom × 2
Bathroom (en-suite)
Kitchen
Lounge
Dining Area
Garage

Features & amenities

pet friendlyretirement complexgarageen suiteopen plan kitchenlaundry facilitiescommunal gardenslibrarytv loungeen suite shower

Price & ownership

Asking price R 560 000
Price per m² R 9 333
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 560K
Taxes + legal + admin fees R 15,8K

Rough split: 97.3% purchase price, 2.7% buying costs.

  • Asking price R 560 000
  • Deeds Office (transfer) R 487
  • Conveyancing (est., incl. VAT) R 15 272
  • Deeds lodgement R 52
  • Total indicative R 575 811

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 5 288 /month

Total paid over 20 years (deposit + repayments): R 1 325 180

Deposit 10% · R 56 000
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 504 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.