Sale
South Africa

2

Beds

2

Baths

2

Parking

122 m²

Floor area

Apartment 2 beds 2 baths 122 m²

About this property

Situated in the heart of Musgrave, one of Durban's most sought-after residential suburbs, this beautifully renovated 122 m² apartment occupies a floor in a well-maintained four-storey period block, surrounded by mature tropical greenery. The building's warm cream render, terracotta-tiled roof accents, and arched detailing lend it a classic character that has been sensitively preserved.

Inside, the open-plan lounge and dining area is generous and inviting, finished with warm timber strip flooring, ornate plaster cornicing, and a decorative ceiling rose. A wall-mounted air-conditioning unit ensures year-round comfort, and a large picture window floods the dining alcove with natural light. The kitchen has been stylishly updated with two-tone navy-and-white cabinetry, granite-effect dark worktops, white subway-tile splashbacks, a freestanding electric cooker with ceramic hob, and a leaded-glass feature window. A Samsung washing machine and Samsung dishwasher are integrated beneath the counter, and there is space for a full-size fridge-freezer. The apartment further comprises two comfortable bedrooms and two bathrooms, as confirmed by the CSV import, and benefits from two garages — a notable bonus for apartment living in this area.

The complex offers secure gated access with on-site parking. Roof-top laundry drying facilities are visible in the aerial view.

The location is exceptional: Musgrave Centre shopping mall and Food Lover's Market are roughly 285–290 m away, a medical centre is within 120 m, and a selection of neighbourhood restaurants — including St. Clements and Al Razzaaq — are within easy walking distance. Families will appreciate Berea Pre-Primary School and Care Bears on Essenwood within 400 m, while Boston City Campus and NewBridge Graduate Institute serve the tertiary-education market nearby.

This apartment represents a compelling buy-to-live or buy-to-let opportunity in one of Durban's most convenient and upmarket urban precincts.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Dining Area
Garage × 2

Features & amenities

renovatedmoderninvestment opportunityupmarket areafamily friendlyperiod buildingtimber strip flooringornate cornicingair conditioninggranite worktops

Price & ownership

Asking price R 1 650 000
Price per m² R 13 525
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 1,7M
Taxes + legal + admin fees R 47,6K

Rough split: 97.2% purchase price, 2.8% buying costs.

  • Asking price R 1 650 000
  • Transfer duty (est.) R 13 200
  • Deeds Office (transfer) R 1 434
  • Conveyancing (est., incl. VAT) R 32 890
  • Deeds lodgement R 52
  • Total indicative R 1 697 576

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 15 581 /month

Total paid over 20 years (deposit + repayments): R 3 904 548

Deposit 10% · R 165 000
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 1 485 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.