Sale
South Africa

3

Beds

2

Baths

1

Parking

84 m²

Floor area

Apartment 3 beds 2 baths 84 m²

About this property

Situated on the first floor of a well-maintained complex built in 2018, this modern 84 m² apartment in Greenwood Park, Durban, offers a tranquil green outlook and a compact, low-maintenance lifestyle. The smaller of the complex's two blocks comprises just four units, ensuring privacy and a quiet community feel.

Inside, an open-plan living area flows seamlessly from the lounge through to the dining space and a well-appointed kitchen fitted with white cabinetry, dark granite-effect countertops, a built-in oven with hob, extractor fan, and generous storage including glass-fronted upper cabinets. Large-format polished floor tiles run throughout the living areas, reflecting natural light from security-grilled windows and a sliding door that leads to a private covered balcony. The balcony overlooks lush indigenous treetops — a rare green sanctuary for an urban setting.

The apartment includes three bedrooms, two bathrooms, and two parking bays plus a garage allocation. Security features include burglar bars and security gates on windows and the balcony sliding door.

The location is exceptionally convenient: Greenwood Park Primary School is within 100 m, Parkhill Secondary School approximately 280 m away, and Shivalro Centre shopping mall roughly 250 m from the door. A Caltex service station, pharmacy, and takeaway options are all within 210 m. The N2 freeway, Durban North, La Lucia, and Umhlanga are all a short drive away, with the Durban beaches easily accessible. An ideal acquisition for first-time buyers or buy-to-let investors.

Rooms & layout

Bedroom × 3
Bathroom × 2
Lounge
Kitchen
Dining Area
Balcony
Room × 2
Garage

Features & amenities

complexfirst floormodernestablished suburbfamily friendlyinvestor friendlyopen plan livinggranite countertopsbuilt in oven and hobwhite fitted kitchen

Price & ownership

Asking price R 920 000
Price per m² R 10 952
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 920K
Taxes + legal + admin fees R 21,5K

Rough split: 97.7% purchase price, 2.3% buying costs.

  • Asking price R 920 000
  • Deeds Office (transfer) R 799
  • Conveyancing (est., incl. VAT) R 20 654
  • Deeds lodgement R 52
  • Total indicative R 941 505

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 8 688 /month

Total paid over 20 years (deposit + repayments): R 2 177 082

Deposit 10% · R 92 000
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 828 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.