Sale
South Africa

1

Beds

1

Baths

93 m²

Floor area

Apartment 1 bed 1 bath 93 m²

About this property

Overview

Step into coastal living with this spacious 1-bedroom, 1-bathroom apartment perfectly positioned on Durban's sought-after North Beach. Whether you're looking for a holiday retreat or a smart income-generating investment, this property ticks all the boxes.

Features

  • Spacious living and dining areas with parquet and tiled floors
  • Fully fitted kitchen with modern finishes
  • Neat bathroom with shower
  • Large bedroom offering comfort and style
  • Unbeatable beachfront location — walk straight to the sand and surf
  • 24-hour security for peace of mind
  • Transfer from shareblock to sectional title — adding long-term value

Details

This neat and well-maintained apartment is not just a home, but a lifestyle and investment rolled into one.

Monthly levy: R4,189

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Lounge
Dining Room

Features & amenities

beachfrontsecuritysectional titleholiday apartmentinvestment property

Price & ownership

Asking price R 620 000
Price per m² R 6 667
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 620K
Taxes + legal + admin fees R 16,8K

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

  • Asking price R 620 000
  • Deeds Office (transfer) R 539
  • Conveyancing (est., incl. VAT) R 16 169
  • Deeds lodgement R 52
  • Total indicative R 636 760

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 5 855 /month

Total paid over 20 years (deposit + repayments): R 1 467 164

Deposit 10% · R 62 000
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 558 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.