Sale
South Africa

3

Beds

2

Baths

78 m²

Floor area

Apartment 3 beds 2 baths 78 m²

About this property

This well-presented 3-bedroom, first-floor apartment sits in a newly built, well-run security complex in the ever-popular Musgrave neighbourhood of Durban. Finished to a modern standard throughout and move-in ready, it offers an ideal balance of comfort, convenience, and contemporary style.

The semi-open-plan kitchen is fully fitted with white gloss and warm-wood cabinetry, stone-effect countertops, an under-counter electric oven with extractor, hob, and space for a washing machine — a Samsung Digital Inverter unit is currently in situ. A kitchen island with bar seating connects seamlessly to the open-plan lounge and dining area, making entertaining effortless.

The lounge is bright and spacious, featuring a split-unit air conditioner, large sliding doors to the end-to-end balcony (with security trellis guards for peace of mind), sheer linen curtains, and a dedicated feature wall finished in dark textured wallpaper. A wall-mounted flat-screen TV with floating media cabinet and decorative box shelving completes the entertainment focal point.

Down the hallway are two generously sized bedrooms, each with large built-in cupboards, served by a beautifully finished family bathroom. The master bedroom is spacious with ample built-in storage, a modern en-suite shower bathroom, and direct balcony access.

Musgrave Centre with Food Lover's Market and Checkers is roughly 285–333 m away on foot, Country Bake and St. Clements Restaurant are within 140 m, and Boston City Campus – Durban Musgrave is approximately 400 m away — making this location ideal for professionals, students, and small families alike. Two open-bay parking bays are included.

Rooms & layout

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

Features & amenities

securityair conditioningbuilt in tv unitmodern finishesbalconyparkingsecurity complexsecurity trellis guardsfeature wallmodern kitchen

Price & ownership

Asking price R 1 800 000
Price per m² R 23 077
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 1,8M
Taxes + legal + admin fees R 58,7K

Rough split: 96.8% purchase price, 3.2% buying costs.

  • Asking price R 1 800 000
  • Transfer duty (est.) R 21 786
  • Deeds Office (transfer) R 1 564
  • Conveyancing (est., incl. VAT) R 35 305
  • Deeds lodgement R 52
  • Total indicative R 1 858 707

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 16 998 /month

Total paid over 20 years (deposit + repayments): R 4 259 507

Deposit 10% · R 180 000
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 1 620 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.