Sale
South Africa

3

Beds

2

Baths

1

Parking

113 m²

Floor area

Apartment 3 beds 2 baths 113 m²

About this property

Overview

A first-time listing located on the Golden Mile of Durban with a completely sea-facing orientation. This lovely apartment is positioned to be a quick sale.

Features

  • 3 bedrooms
  • Sea-facing orientation
  • Sunrise views over the Indian Ocean

Location

South Beach, Durban's Golden Mile

Rooms & layout

Bedroom × 3
Bathroom × 2
Kitchen
Lounge
Parking
Garage

Features & amenities

sea-facingocean viewsunrise viewgolden mile

Price & ownership

Asking price R 1 950 000
Price per m² R 17 257
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 2M
Taxes + legal + admin fees R 70,3K

Rough split: 96.5% purchase price, 3.5% buying costs.

  • Asking price R 1 950 000
  • Transfer duty (est.) R 30 786
  • Deeds Office (transfer) R 1 695
  • Conveyancing (est., incl. VAT) R 37 720
  • Deeds lodgement R 52
  • Total indicative R 2 020 253

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 18 414 /month

Total paid over 20 years (deposit + repayments): R 4 614 466

Deposit 10% · R 195 000
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 1 755 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.