Sale
South Africa

3

Beds

2

Baths

3

Parking

344 m²

Floor area

House 3 beds 2 baths 344 m²

About this property

This semi-detached house in Merewent, Durban, presents an excellent opportunity for both owner-occupiers and investors. The property is well-secured with burglar bars and a perimeter fence, and offers a generous floor area of 344 m² across the main dwelling and a separate income-generating cottage.

The main house features a fitted kitchen, a separate dining room with original parquet flooring and a pendant chandelier, a large lounge, three bedrooms, and two bathrooms. The kitchens — one in the main house and one serving the cottage — are fitted with white cabinetry, tiled splashbacks, and ample counter space. A pleasant garden with a lawn and established plantings adjoins the property, and there are three parking spaces (evidenced by garages/parking areas visible from the street).

The cottage provides a self-contained income stream, making this an attractive buy-to-let or live-and-earn proposition. Everyday conveniences are right on the doorstep: YHM Supermarket is approximately 100 m away, Settlers Primary School is roughly 190 m away, and a pharmacy is within 600 m. PR Pather Secondary School is just over 700 m from the property.

Rooms & layout

Bedroom × 3
Bathroom × 2
Kitchen
Dining Room
Lounge
Garage × 3
Cottage

Features & amenities

semi detachedsecurityburglar barsfitted kitchentiled and parquet flooringcottageincome generatingparkingincome generating cottagesecurity fencing

Price & ownership

Asking price R 1 100 000
Price per m² R 3 198
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 1,1M
Taxes + legal + admin fees R 24,6K

Rough split: 97.8% purchase price, 2.2% buying costs.

  • Asking price R 1 100 000
  • Deeds Office (transfer) R 956
  • Conveyancing (est., incl. VAT) R 23 575
  • Deeds lodgement R 52
  • Total indicative R 1 124 583

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 10 388 /month

Total paid over 20 years (deposit + repayments): R 2 603 032

Deposit 10% · R 110 000
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 990 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.