Sale
South Africa

2

Beds

1

Baths

1

Parking

Apartment 2 beds 1 bath

About this property

Neat and well-located 2-bedroom apartment in the Capella building (69/71) on South Beach, Durban — ideal for investors or first-time buyers seeking an income-generating asset.

The open-plan kitchen and lounge flows seamlessly toward a glazed balcony door that fills the living area with natural coastal light. The kitchen is fully fitted with white cabinetry, glass-fronted upper cupboards, a freestanding electric stove and oven, extractor hood, a tall fridge-freezer, stainless-steel sink, and a breakfast-counter divider. Ceiling fans and tiled floors run throughout the living spaces.

Both bedrooms are comfortably sized; the main bedroom features floor-to-ceiling built-in wardrobes and a large window with sheer curtains that allows generous natural light. The unit is currently tenanted and generating R 6 000 per month in rental income.

Oriental City Shopping Mall is roughly 63 m away and a KWIKSPAR is within about 190 m, providing everyday convenience on the doorstep. The building is situated within easy reach of uShaka Marine World, Addington Hospital, and the iconic Durban beachfront promenade.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Balcony
Garage

Features & amenities

beachfrontinvestment propertyrental incomebuilt in cupboardsbalconywell maintainedcoastal locationopen plan kitchen loungeceiling fantiled floors

Price & ownership

Asking price R 590 000
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 590K
Taxes + legal + admin fees R 16,3K

Rough split: 97.3% purchase price, 2.7% buying costs.

  • Asking price R 590 000
  • Deeds Office (transfer) R 513
  • Conveyancing (est., incl. VAT) R 15 720
  • Deeds lodgement R 52
  • Total indicative R 606 285

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 5 572 /month

Total paid over 20 years (deposit + repayments): R 1 396 172

Deposit 10% · R 59 000
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 531 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.