Sale
South Africa

2

Beds

1

Baths

79 m²

Floor area

Apartment 2 beds 1 bath 79 m²

About this property

Situated in the sought-after Montezuma building at 117 on Durban's iconic North Beach strip, this sectional title apartment offers approximately 79 m² of coastal living with exceptional, uninterrupted sea views. The unit comprises one and a half bedrooms, a neat full bathroom, and a functional kitchen fitted with built-in cupboards, a freestanding electric stove and oven, laminate countertops, and white wall tiles — ready to move in or to refresh to your own taste.

Tiled flooring runs throughout, keeping maintenance low in the coastal climate. The elevated position in the multi-storey Montezuma block frames wide ocean and beachfront vistas that are a true standout. Dedicated open parking bays are available directly in front of the building for everyday convenience.

The building operates 24-hour access-controlled security, giving residents genuine peace of mind. Daily essentials are within easy reach: SPAR North Beach is roughly 340 m away, the Amphitheatre Garden and Lawns park is around 125 m away, and a variety of restaurants and eateries — including The Grill Jichana and Tall Ships Cocktails — are within a short stroll. North Beach itself is approximately 400 m from the front door, making this an ideal lock-up-and-go, investment, or permanent coastal home.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen

Features & amenities

sea viewssecurityparkingbuilt in cupboardstiled flooringbeachfrontsectional titleocean viewbeachfront proximity24 hour security

Price & ownership

Asking price R 930 000
Price per m² R 11 772
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 930K
Taxes + legal + admin fees R 21,7K

Rough split: 97.7% purchase price, 2.3% buying costs.

  • Asking price R 930 000
  • Deeds Office (transfer) R 808
  • Conveyancing (est., incl. VAT) R 20 804
  • Deeds lodgement R 52
  • Total indicative R 951 664

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 8 782 /month

Total paid over 20 years (deposit + repayments): R 2 200 745

Deposit 10% · R 93 000
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 837 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.