5
Beds
1
Baths
1
Parking
1,503 m²
Floor area
1,503 m²
Stand size
About this property
Set on a generous 1 503 m² stand on a private road just off the main road in Sea View, Durban, this established family home offers a compelling blend of comfortable living and exceptional development potential. The double-storey residence has been thoughtfully modernised with aluminium window frames throughout, a new roof structure installed in recent years, and interior walls removed to create a spacious, light-filled open-plan living and dining area — complete with polished hardwood floors, a decorative stained-glass feature window, and security burglar bars.
The fitted kitchen is well-appointed with ample upper and lower cabinetry, dark granite-effect countertops, a gas hob and oven, and tiled flooring. A dedicated laundry room adds further convenience. The main bedroom is generously proportioned, with a second bedroom and a third room — currently used as a bedroom — opening off the dining area. A full bathroom serves the main house.
A separate two-bedroom granny flat currently generates R5 500 per month in rental income, making this an income-producing asset from day one. Ample parking is available behind the house, screened from the road. Beyond the granny flat lies approximately 1 000 m² of undeveloped, gently sloping land — several neighbouring properties in the area have already built additional residential units, presenting a clear roadmap for future densification.
Everyday amenities are within easy reach: Sea View Pharmacy is roughly 160 m away, Seaview Primary School is approximately 350 m away, and Southway Mall is within 1 km. This is a solid family home with a plan for the future.
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 97.8% purchase price, 2.2% buying costs.
- Asking price R 1 050 000
- Deeds Office (transfer) R 912
- Conveyancing (est., incl. VAT) R 22 713
- Deeds lodgement R 52
- Total indicative R 1 073 677
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
Total paid over 20 years (deposit + repayments): R 2 484 713
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 945 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.