Sale
South Africa

2

Beds

2

Baths

Apartment 2 beds 2 baths

About this property

This well-presented shareblock apartment in the heart of North Beach, Durban, offers a fantastic lifestyle or investment opportunity just a short stroll from the beachfront Promenade and Sun Coast Casino. The open-plan lounge and dining room flows seamlessly through the spacious living area, finished with warm parquet flooring throughout and framed by large windows with Venetian blinds that let in plenty of natural light. The fitted kitchen is neatly appointed with ample wooden cabinetry, granite-effect worktops, a stainless-steel freestanding stove and oven, an integrated extractor fan, a double sink and a large stainless-steel fridge/freezer with water dispenser. Two well-proportioned bedrooms are complemented by 1.5 bathrooms — a main bathroom with shower and a separate toilet. Undercover parking is included. The building is neat and well-maintained with security.

Prime location: the Amphitheatre Garden and Lawns park is roughly 125 m away, SPAR North Beach is around 350 m for everyday grocery needs, and a variety of restaurants and bars — including The Grill Jichana Durban and Tall Ships Cocktails — are within 115 m. Whether you are looking for a lock-up-and-go holiday retreat, a rental income earner, or a permanent beachside residence, this apartment ticks every box.

Rooms & layout

Bedroom × 2
Bathroom
Toilet
Kitchen
Lounge
Dining Room
Parking

Features & amenities

sea viewsparquet flooringfitted kitchenopen planundercover parkingsecuritywell maintainedopen plan livinggranite effect worktopsstainless steel appliances

Price & ownership

Asking price R 1 500 000
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 1,5M
Taxes + legal + admin fees R 40,5K

Rough split: 97.4% purchase price, 2.6% buying costs.

  • Asking price R 1 500 000
  • Transfer duty (est.) R 8 700
  • Deeds Office (transfer) R 1 304
  • Conveyancing (est., incl. VAT) R 30 475
  • Deeds lodgement R 52
  • Total indicative R 1 540 531

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 14 165 /month

Total paid over 20 years (deposit + repayments): R 3 549 589

Deposit 10% · R 150 000
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 1 350 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.