Sale
South Africa

2

Beds

2

Baths

1

Parking

Apartment 2 beds 2 baths

About this property

Overview

Modern and spacious 2.5 bedroom apartment close to Durban's promenade and Southern Sun Hotels. Lovely sea views from bedrooms and lounge.

Features

  • Spacious and comfortable bedrooms with built-in cupboards
  • Enclosed balcony
  • Sea views from bedrooms and lounge
  • Ultra modern fitted kitchen with high gloss doors and Caesarstone tops
  • Separate dining and lounge areas
  • Separate toilet and bathroom with shower
  • Porcelain tiles throughout
  • Under cover parking
  • 24-hour manned security

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Dining Room
Toilet
Parking
Garage

Features & amenities

sea viewsmodern kitchenbuilt-in cupboardsenclosed balconysecurityunder cover parking

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.