Sale
South Africa

1

Beds

1

Baths

54 m²

Floor area

Apartment 1 bed 1 bath 54 m²

About this property

Beachfront One-Bedroom Apartment — South Beach, Durban

Presented by Elite Realty, this sectional-title apartment sits in a secure, well-maintained mid-rise building directly across from the iconic Durban beachfront promenade. With the Indian Ocean and palm-lined esplanade visible from the building's outlook, the unit offers an exceptional coastal lifestyle or a compelling short-term letting investment.

Layout & Interior

  • Open-plan lounge and kitchen — light-filled and practical, with a dark granite-top breakfast counter separating the two zones
  • Fitted kitchen with wall-mounted upper cabinets, tiled splashback, double sink, and space for under-counter appliances
  • Bedroom with double bed, built-in-style storage, and a curtained window
  • Bathroom (separately accessed)
  • Tiled floors throughout; large aluminium-framed windows bring in natural light

Location Highlights

The building is steps from North Beach park (approx. 124 m) and faces a beachfront parking esplanade framed by mature palms and ocean views. Oriental City Shopping Mall is roughly 63 m away, and a KwikSpar is within 190 m, placing everyday conveniences at your doorstep. A cluster of restaurants and a pharmacy are all within a 100 m radius.

Investment Appeal

The unit's beachfront address, proximity to the Golden Mile, and compact 54 m² footprint make it ideally suited to holiday and short-term letting. Sectional-title ownership limits maintenance responsibility, and the building's security features add peace of mind for remote investors and owner-occupiers alike.

Key Features

  • Sectional title — 54 m² floor area
  • Secure building with access control
  • Open-plan lounge and fitted kitchen
  • Direct beachfront outlook with ocean and esplanade views
  • Holiday letting / Airbnb-suitable
  • Walking distance to beaches, shopping, dining, and public transport

Rooms & layout

Bedroom 1
Bathroom
Open-plan Lounge
Kitchen

Features & amenities

beachfrontsectional titlesecurityopen planfitted kitchenholiday lettingsea viewopen plan lounge/kitchendark granite countertoptiled floors

Price & ownership

Asking price R 790 000
Price per m² R 14 630
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 790K
Taxes + legal + admin fees R 19,5K

Rough split: 97.6% purchase price, 2.4% buying costs.

  • Asking price R 790 000
  • Deeds Office (transfer) R 687
  • Conveyancing (est., incl. VAT) R 18 711
  • Deeds lodgement R 52
  • Total indicative R 809 450

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 7 460 /month

Total paid over 20 years (deposit + repayments): R 1 869 450

Deposit 10% · R 79 000
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 711 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.