Sale
South Africa

2

Beds

1

Baths

Apartment 2 beds 1 bath

About this property

This well-maintained 2-bedroom ground-floor apartment is situated in a prime area of Sherwood, Durban, offering convenient access to an array of amenities. The unit benefits from direct access to a private garden and a dedicated laundry/drying courtyard enclosed by timber-panel fencing — a rare feature for apartment living.

Inside, the kitchen is fitted with cream cabinetry, dark granite-effect countertops, a glossy dark-tile splashback, stainless-steel sink, and a freestanding gas/electric stove. The bathroom has been tastefully modernised with wall-mounted WC, a frameless glass shower enclosure with mosaic-tile floor pan, a vessel basin on a granite vanity counter, and warm neutral large-format wall tiles. The open-plan lounge and dining area is generously proportioned and benefits from air conditioning, while both bedrooms feature modern finishes.

Additional features include prepaid electricity meters, security gates and burglar bars on all windows, and one lockup parking bay. The multi-storey complex is well maintained and secured, with clearly marked emergency exits and fire-safety signage visible in the common areas.

The location is exceptionally convenient — Sherwood Medical & Surgical Centre is within 70 m, Seattle Coffee Company and KFC Sherwood are virtually on the doorstep (under 60 m), and Checkers Westwood Mall is less than 800 m away. Multiple schools, including Birdwood School and Sherwood Primary School, are within comfortable reach.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Dining Area
Laundry / Drying Courtyard
Lockup Parking Bay

Features & amenities

gardenair conditioningprepaid metersparkingsecured complexground floorsecurity gatesburglar barsframeless glass showermodern bathroom

Price & ownership

Asking price R 1 300 000
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 1,3M
Taxes + legal + admin fees R 30,9K

Rough split: 97.7% purchase price, 2.3% buying costs.

  • Asking price R 1 300 000
  • Transfer duty (est.) R 2 700
  • Deeds Office (transfer) R 1 130
  • Conveyancing (est., incl. VAT) R 27 025
  • Deeds lodgement R 52
  • Total indicative R 1 330 907

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 12 276 /month

Total paid over 20 years (deposit + repayments): R 3 076 311

Deposit 10% · R 130 000
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 1 170 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.