Sale
South Africa

5

Beds

1

Baths

1

Parking

1,503 m²

Floor area

1,503 m²

Stand size

House 5 beds 1 bath 1,503 m²

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

Bedroom × 5
Bathroom
Kitchen
Laundry Room
Living Area
Dining Area
Garage

Features & amenities

granny flatmodernisedaluminium windowsfitted kitchenlaundry roomparkingdevelopment potentialincome generating rentalopen plan livinghardwood floors

Price & ownership

Asking price R 1 050 000
Price per m² R 699
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 1,1M
Taxes + legal + admin fees R 23,7K

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

R 9 915 /month

Total paid over 20 years (deposit + repayments): R 2 484 713

Deposit 10% · R 105 000
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 945 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.