Sale
South Africa

1

Beds

1

Baths

Apartment 1 bed 1 bath

About this property

Presenting an immaculate one-bedroom ground-floor unit in the well-maintained Ridgecourt block, ideally situated in the heart of Musgrave, Durban. The apartment offers stepless access throughout, making it perfectly suited to retirees, busy professionals, or investors seeking a high-demand rental asset.

Inside, the spacious kitchen features granite countertops, a stove, hob and extractor fan, flowing naturally into a combined dining area and generously proportioned lounge. The lounge opens directly onto a private, paved outdoor courtyard enclosed by a rendered wall and timber picket gate — ideal for indoor-outdoor living in Durban's subtropical climate. The bedroom is generously sized, served by a full bathroom fitted with both a shower and a bath.

The block is secure and well managed, with one allocated parking bay included. Lifestyle convenience is unmatched: Musgrave Centre and Food Lover's Market Musgrave are approximately 285–290 m away, Checkers Musgrave Centre is within 335 m, and a cluster of restaurants including St. Clements and Country Bake are under 150 m on foot. This is a superb lock-up-and-go opportunity in one of Durban's most sought-after central addresses.

Rooms & layout

Bedroom
Bathroom
Kitchen
Dining Area
Lounge
Private Courtyard / Garden
Parking Bay

Features & amenities

gardensecuritysecure blockstepless accessgranite kitchengranite countertopsstove & extractor fanprivate paved courtyardallocated parking bayfull bathroom with shower & bath

Price & ownership

Asking price R 820 000
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 820K
Taxes + legal + admin fees R 19,9K

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

  • Asking price R 820 000
  • Deeds Office (transfer) R 713
  • Conveyancing (est., incl. VAT) R 19 159
  • Deeds lodgement R 52
  • Total indicative R 839 924

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 7 744 /month

Total paid over 20 years (deposit + repayments): R 1 940 442

Deposit 10% · R 82 000
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 738 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.