Sale
South Africa

2

Beds

1

Baths

75 m²

Floor area

Apartment 2 beds 1 bath 75 m²

About this property

A well-located sectional title apartment in the heart of Durban's South Beach, offering excellent value for first-time buyers and investors alike. The unit spans approximately 75 m² and comprises two bedrooms, a spacious lounge, a fitted kitchen, a bathroom, and an enclosed balcony. Tiled floors run throughout the living areas, and the lounge opens onto the balcony that captures views of surrounding beachfront buildings and a glimpse of the Indian Ocean. The kitchen is practical with upper and lower cabinetry, a double sink, tiled splash-back, and space for a freestanding stove — one is already in situ. A breakfast counter separates the kitchen from the open-plan living area, adding a convenient casual dining option.

The building features 24-hour manned security and is within metres of Oriental City Shopping Mall and a KWIKSPAR for daily convenience. Restaurants, a pharmacy, and a supermarket are all within a two-minute walk. North Beach park is approximately 124 m away, while the beachfront promenade is directly accessible on foot. Nearby landmark hotels — Holiday Inn, Tropicana, and Protea/Edward — underline the premier beachfront address. uShaka Marine World and Suncoast Casino are both reachable within five minutes by car, making this an ideal lock-up-and-go investment or a vibrant starter home steps from the sea.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Balcony (enclosed)

Features & amenities

beach accesssecuritysectional titlebalconyfitted kitcheninvestment opportunityenclosed balconyocean glimpse24 hour manned securitybreakfast counter

Price & ownership

Asking price R 700 000
Price per m² R 9 333
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 700K
Taxes + legal + admin fees R 18K

Rough split: 97.5% purchase price, 2.5% buying costs.

  • Asking price R 700 000
  • Deeds Office (transfer) R 608
  • Conveyancing (est., incl. VAT) R 17 365
  • Deeds lodgement R 52
  • Total indicative R 718 025

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 6 610 /month

Total paid over 20 years (deposit + repayments): R 1 656 475

Deposit 10% · R 70 000
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 630 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.