Sale
South Africa

1

Baths

37 m²

Floor area

Apartment 1 bath 37 m²

About this property

A compact bachelor apartment situated in a multi-storey residential building on a prominent corner in the South Beach precinct of Durban CBD, KwaZulu-Natal. The 37 m² open-plan unit combines living, sleeping, and dining areas in a single space, with a separate kitchenette alcove fitted with white base cabinets, a stainless-steel sink, tiled splashback, open wall shelving, and a prepaid electricity meter. White floor tiles run throughout the main area. The unit requires cosmetic renovation — walls show moisture marks and surfaces need refreshing — making it an attractive blank canvas for a hands-on investor or owner-occupier looking to add value.

The building offers 24-hour security, controlled access, and onsite management. From upper floors, views extend across the Durban CBD streetscape towards the beachfront skyline. The property sits directly on a busy taxi and public-transport corridor for effortless daily commuting. Oriental City Shopping Mall is approximately 63 m away, North Beach park is roughly 124 m away, and a KWIKSPAR supermarket is within 190 m, placing everyday conveniences within easy walking distance. The Maritime Business Institute and The Maritime School are both within 330 m, making the unit well suited to students or academic staff.

Rooms & layout

Open-plan living / sleeping area
Kitchenette
Bathroom
Balcony

Features & amenities

security24 hour securitycontrolled accessopen planbuilt in cupboardsonsite managementopen plan layoutprepaid electricity metercity skyline viewsbeachfront proximity

Price & ownership

Asking price R 240 000
Price per m² R 6 486
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 240K
Taxes + legal + admin fees R 10,5K

Rough split: 95.8% purchase price, 4.2% buying costs.

  • Asking price R 240 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 9 995
  • Deeds lodgement R 52
  • Total indicative R 250 481

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 2 266 /month

Total paid over 20 years (deposit + repayments): R 567 934

Deposit 10% · R 24 000
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 216 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.