Sale
South Africa

3

Beds

2

Baths

250 m²

Floor area

Apartment 3 beds 2 baths 250 m²

About this property

Discover elevated urban living in this spacious 250 m² top-floor apartment at 251 On Ridge, Musgrave, Durban. Positioned on the upper level of a contemporary mid-rise complex, the residence commands sweeping panoramic views of the city skyline and harbour — clearly visible from the wraparound balcony.

The open-plan lounge and dining area is finished with large-format polished porcelain tiles and flows effortlessly through to the balcony, making it ideal for entertaining. The modern kitchen impresses with high-gloss graphite cabinetry, marble-effect tiled splashbacks, Caesarstone-style white countertops, a black glass induction hob, built-in oven, extractor canopy, and a breakfast bar seating area. A separate scullery provides additional prep and storage space.

Accommodation comprises three bedrooms, including a master suite with en-suite bathroom, and a stylish family bathroom. Two dedicated underground parking bays, air conditioning, and CCTV security complete the package.

The complex is within a short stroll of Musgrave Centre (~285 m) and Food Lover's Market Musgrave (~290 m), placing everyday conveniences, dining, and retail literally at your doorstep. Multiple reputable schools and educational institutions are also in the immediate neighbourhood.

Rooms & layout

Bedroom × 3
Bathroom × 2
Kitchen
Room × 2
Open-Plan Lounge / Dining
Wraparound Balcony

Features & amenities

balconypanoramic viewsair conditioningcctv securityparkingopen planen suite bathroommodern kitchenpanoramic city viewharbour view

Price & ownership

Asking price R 2 950 000
Price per m² R 11 800
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 3M
Taxes + legal + admin fees R 156,3K

Rough split: 95.0% purchase price, 5.0% buying costs.

  • Asking price R 2 950 000
  • Transfer duty (est.) R 103 200
  • Deeds Office (transfer) R 2 564
  • Conveyancing (est., incl. VAT) R 50 495
  • Deeds lodgement R 52
  • Total indicative R 3 106 311

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 27 858 /month

Total paid over 20 years (deposit + repayments): R 6 980 859

Deposit 10% · R 295 000
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 2 655 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.