Sale
South Africa

2

Beds

1

Baths

1

Parking

83 m²

Floor area

House 2 beds 1 bath 83 m²

About this property

Nestled in the leafy suburb of Mount Vernon, Durban, this newly renovated 2-bedroom home offers a rare combination of move-in-ready comfort and tremendous development potential. Set on a generous plot surrounded by mature indigenous trees, the property's landscaped terraces and verdant grounds evoke a botanical-garden ambience — a truly tranquil retreat within the city.

On entrance through the motorised security gate, a wide driveway leads to a spacious covered carport accommodating up to six vehicles, with an additional awning for shaded relaxation. The home's freshly rendered and painted exterior presents a smart grey finish with tiled roofing and security-burglar-bar-fitted windows throughout.

Inside, a generous family lounge sets a warm, welcoming tone, with recessed downlights, large tiled floors, and natural light filtering through security-gated windows. The open-plan kitchen is well fitted and practical, catering to everyday family needs. Both bedrooms are spacious with ample natural light and generous built-in storage. The master bedroom features a hallway entrance that lends itself easily to conversion into a walk-in closet or powder room. A well-appointed bathroom services the bedrooms, comprising a shower, basin, and toilet.

The property is fully walled with a motorised access gate and CCTV cameras, providing excellent security and peace of mind. The expansive outdoor area offers abundant space for a garden, entertainment zone, or potential further development.

Conveniently located in Mount Vernon, Limnos Square Shopping Centre and SPAR Hillary are both within approximately 650–830 m, while Arena Park School and Hillary Primary School are within 550–750 m — ideal for families with young children.

Rooms & layout

Lounge
Kitchen
Bedroom × 2
Bathroom
Garage / Carport

Features & amenities

renovatedlandscaped terracestiled floorsparkingawningcctv cameraswalledmotorised gategarden potentialnewly renovated

Price & ownership

Asking price R 1 350 000
Price per m² R 16 265
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 1,4M
Taxes + legal + admin fees R 33,3K

Rough split: 97.6% purchase price, 2.4% buying costs.

  • Asking price R 1 350 000
  • Transfer duty (est.) R 4 200
  • Deeds Office (transfer) R 1 173
  • Conveyancing (est., incl. VAT) R 27 887
  • Deeds lodgement R 52
  • Total indicative R 1 383 312

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 12 748 /month

Total paid over 20 years (deposit + repayments): R 3 194 631

Deposit 10% · R 135 000
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 1 215 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.