Sale
South Africa

3

Beds

2

Baths

83 m²

Floor area

Apartment 3 beds 2 baths 83 m²

About this property

Situated in the well-maintained Shiraz 93 complex on Palmiet, Durban, this three-bedroom simplex offers a practical and comfortable layout ideal for families or investors. The open-plan lounge and dining area flow seamlessly from the semi-open-plan kitchen, which features an abundance of white cabinetry, dark granite-effect countertops and a double sink — all in excellent condition. The tiled lounge is bright and spacious, framed by an attractive arched divider and ample natural light from a front-facing window.

The main bedroom benefits from a private en-suite bathroom with shower, toilet and handbasin, while a second family bathroom serves the remaining two bedrooms with a bathtub, hand-held shower, toilet and handbasin. Please note that the bedrooms are without built-in cupboards and the kitchen is plumbed for a stove but does not include one.

The unit is covered by a double carport. The complex is secured with electric access gates and small pets are welcome. Lush tropical landscaping at the entrance creates a welcoming kerb appeal.

Conveniently located within walking distance of Little Bratz Montessori & Day Care (±231 m), S.M. Jhavary Primary School (±458 m) and Palmiet Primary School (±888 m), making this an attractive option for young families. Everyday conveniences are immediately at hand, with takeaways and a superette within 500 m.

Rooms & layout

Bedroom × 3
Bathroom × 2
Kitchen
Lounge
Dining Area
Carport

Features & amenities

pet friendlyelectric gatessecuritysimplextiled loungeen suiteopen planopen plan loungetiled floorswhite kitchen

Price & ownership

Asking price R 620 000
Price per m² R 7 470
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.