Sale
South Africa

2

Beds

1

Baths

70 m²

Floor area

Apartment 2 beds 1 bath 70 m²

About this property

This well-presented and meticulously maintained apartment is situated on the fifth floor of a secure building in Musgrave, Durban, offering gorgeous city and partial sea views. The 70 m² open-plan layout combines a modern kitchen and living area separated by a generous serving counter — ideal for entertaining. The kitchen features dark-veneer cabinetry, a black glass electric hob, mosaic-tile splashback, and a separate sink counter with a brick-tile splashback, all finished with white tile flooring. The living area flows through to a glazed sun-lounge or breakfast nook with a full-width sliding aluminium window wall framing sweeping views over Musgrave's rooftops towards the Durban CBD and the Indian Ocean horizon. Warm parquet-strip floors run throughout the living spaces and entrance hall.

The unit offers 1.5 bedrooms and a modern bathroom. One undercover parking bay is included, with the option to secure an additional bay, plus visitors' parking is available. The building is equipped with 24-hour security, an on-site supervisor, elevator access, and a communal swimming pool.

The location is exceptionally convenient: Musgrave Centre, Food Lover's Market, and Checkers are all within 300 m, while St. Clements Restaurant and Country Bake are steps away. The property suits a professional, young couple, or small family seeking a secure, low-maintenance lifestyle in one of Durban's most established suburbs.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Living room × 2
Undercover Parking

Features & amenities

swimming poolsecurity guardelevatorparkingcity viewssecure building24 hour security guardon site supervisorundercover parkingvisitor parking

Price & ownership

Asking price R 790 000
Price per m² R 11 286
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 790K
Taxes + legal + admin fees R 19,5K

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

  • Asking price R 790 000
  • Deeds Office (transfer) R 687
  • Conveyancing (est., incl. VAT) R 18 711
  • Deeds lodgement R 52
  • Total indicative R 809 450

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 7 460 /month

Total paid over 20 years (deposit + repayments): R 1 869 450

Deposit 10% · R 79 000
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 711 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.