2
Beds
1
Baths
53 m²
Floor area
About this property
This compact and well-positioned 1.5-bedroom apartment in the sought-after suburb of Glenwood, Durban, offers excellent value and strong investment potential. Spread across 53 m² of internal floor area, the unit features an open-plan lounge and dining area finished with neat ceramic floor tiles, grey-painted walls, and a custom timber-slat TV feature wall that adds a contemporary touch. A large wall-mounted flat-screen television, built-in timber TV unit with cabinetry, and a decorative wall-mounted wine rack and stemware shelf complete the living space, which also accommodates a full-size stainless-steel double-door fridge-freezer.
The kitchen is fitted with dark laminate cabinetry above and below, a granite-effect worktop, stainless-steel sink, and ample counter space for small appliances. A washing machine point is visible, and the kitchen leads conveniently off the living area.
The spacious main bedroom comfortably accommodates a double bed, while the second room — described as a half bedroom — is ideally suited as a second sleeping space, study, or work-from-home area. The bathroom is neatly finished and features a modern glass shower.
The apartment is ideally located steps from Kingsley Gardens park (~111 m), The Glenwood Bakery (~145 m), and Berea Centre shopping mall (~527 m), placing everyday conveniences, eateries, and green spaces within easy reach. Close proximity to main road access and a college makes this unit especially attractive to investors and first-time buyers seeking practical, secure living in one of Durban's most established residential suburbs.
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 96.9% purchase price, 3.1% buying costs.
- Asking price R 440 000
- Deeds Office (transfer) R 434
- Conveyancing (est., incl. VAT) R 13 364
- Deeds lodgement R 52
- Total indicative R 453 850
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
Total paid over 20 years (deposit + repayments): R 1 041 213
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 396 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.