Sale
South Africa

2

Beds

1

Baths

87 m²

Floor area

Apartment 2 beds 1 bath 87 m²

About this property

Finsbury Court is an 87 m² two-bedroom apartment situated in the heart of South Beach, Durban — one of the city's most accessible beachside neighbourhoods. The building is a multi-storey residential block with barred ground-floor windows and a covered entrance canopy, offering a practical urban address within easy reach of Oriental City Shopping Mall (roughly 60 m away), a KWIKSPAR supermarket (approximately 190 m), and North Beach park (approximately 125 m). The flat presents a genuine value-add opportunity: it requires cosmetic renovation and TLC, and is priced accordingly at an entry-level figure that reflects its current condition. For an investor or owner-occupier willing to refurbish, the location — steps from the beachfront, dining, and retail — offers strong long-term appeal. Price is negotiable.

Rooms & layout

Bedroom × 2
Bathroom

Features & amenities

needs renovationbeachside locationsecurity bars on windowscovered entrance canopymulti storey buildingbalconiesurban convenienceinvestment opportunityentry level pricingprice negotiable

Price & ownership

Asking price R 280 000
Price per m² R 3 218
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 280K
Taxes + legal + admin fees R 11,2K

Rough split: 96.2% purchase price, 3.8% buying costs.

  • Asking price R 280 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 10 669
  • Deeds lodgement R 52
  • Total indicative R 291 155

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 2 644 /month

Total paid over 20 years (deposit + repayments): R 662 590

Deposit 10% · R 28 000
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 252 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.