Sale
South Africa

3

Beds

2

Baths

123 m²

Floor area

Apartment 3 beds 2 baths 123 m²

About this property

Positioned in the iconic Maluti complex on Durban's North Beach, this immaculate three-bedroom apartment offers 123 m² of refined coastal living with breathtaking panoramic ocean and beachfront views stretching along the Golden Mile. From the private balcony, residents enjoy unobstructed vistas of the Indian Ocean, the beach pier, and the lush Amphitheatre Gardens — one of Durban's most loved green spaces, just 125 m away on foot.

Inside, the apartment features a large, fully fitted kitchen with dark wood cabinetry, stone-effect countertops, a double stainless-steel side-by-side fridge, integrated microwave, kettle, and a conveniently placed washing machine — all finished to a high standard. The kitchen flows open-plan into a spacious lounge and dining area. Two renovated bathrooms serve the unit, the main being en-suite to the master bedroom.

The building's grand covered entrance with its distinctive 'MALUTI' signage, column-lined porte-cochère, and lush tropical landscaping creates an impressive arrival experience. One designated parking bay is included. SPAR Northbeach is approximately 344 m away, and a selection of restaurants and cocktail bars — including The Grill Jichana Durban and Tall Ships Cocktails — are within 115 m of the building, making this a superb lock-up-and-go or investment opportunity on one of Durban's most sought-after beachfront addresses.

Rooms & layout

Bedroom × 3
Bathroom × 2
Kitchen
Open-plan Lounge
Dining Room
Balcony
Parking

Features & amenities

ocean viewsrenovated bathroomsen suitefully fitted kitchenopen planparkingclose to amenitiespanoramic ocean viewbeachfront complexen suite master

Price & ownership

Asking price R 3 750 000
Price per m² R 30 488
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 3,8M
Taxes + legal + admin fees R 253,7K

Rough split: 93.7% purchase price, 6.3% buying costs.

  • Asking price R 3 750 000
  • Transfer duty (est.) R 189 856
  • Deeds Office (transfer) R 3 259
  • Conveyancing (est., incl. VAT) R 60 575
  • Deeds lodgement R 52
  • Total indicative R 4 003 742

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 35 412 /month

Total paid over 20 years (deposit + repayments): R 8 873 974

Deposit 10% · R 375 000
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 3 375 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.