Sale
South Africa

2

Beds

1

Baths

48 m²

Floor area

Apartment 2 beds 1 bath 48 m²

About this property

A neatly presented first-floor apartment in a well-established brick-construction block in the Sea View suburb of Durban. At 48 m², the layout accommodates two bedrooms, a full bathroom, a compact fitted kitchen, and an open-plan lounge — making it an ideal starter home or buy-to-let investment.

The kitchen is fitted with two-tone cabinetry (light upper units and wood-finish lower units), a granite-effect countertop, white wall tiles, and a stainless-steel sink. There is dedicated appliance space for a freestanding stove and oven, microwave, and a large fridge with water dispenser. The lounge is light and inviting, featuring wood-look tile flooring, corniced ceilings, sheer linen-style curtains, and a modern floating TV wall unit with shelving — a thoughtful upgrade that adds a contemporary touch.

The building offers covered parking bays on the ground level, a communal courtyard, and a dedicated laundry/drying area. The complex is perimeter-fenced with gated access.

Everyday essentials are within easy reach: Sea View Pharmacy is roughly 160 m away, a BP service station is approximately 195 m away, and Southway Mall is within 1 km. Sea View Pre-Primary School and Seaview Primary School are both within 400 m, making this an excellent choice for young families.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge

Features & amenities

starter homeaffordablefirst floor apartmentcovered parkingperimeter fencinggated complexcommunal courtyardlaundry/drying areawood look tile flooringfitted kitchen

Price & ownership

Asking price R 480 000
Price per m² R 10 000
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 480K
Taxes + legal + admin fees R 14,5K

Rough split: 97.1% purchase price, 2.9% buying costs.

  • Asking price R 480 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 14 038
  • Deeds lodgement R 52
  • Total indicative R 494 524

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 4 533 /month

Total paid over 20 years (deposit + repayments): R 1 135 869

Deposit 10% · R 48 000
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 432 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.