Sale
South Africa

4

Beds

3

Baths

1

Parking

260 m²

Floor area

House 4 beds 3 baths 260 m²

About this property

A rare find in the heart of Westville — this beautifully refurbished 4-bedroom home combines modern comfort, generous living space, and exceptional investment potential. Set in a quiet cul-de-sac within the secure Cowies Hill Virtual Estate, the property forms part of a small two-unit sectional title complex (Knoetzie) and offers a compelling blend of lifestyle and income appeal.

The home spans approximately 260 m² of internal floor area and is presented in move-in-ready condition following a recent renovation. The expansive lounge features a Jetmaster gas fireplace and elegant parquet flooring, while a separate dining room and enclosed courtyard provide easy day-to-day family living. The modern fitted kitchen is equipped with double ovens, an extractor fan, ample cupboard space, and plumbing for appliances. A generous enclosed verandah with sliding doors opens onto a covered braai and alfresco entertainment area — visible in the photos as a large white-latticed pergola patio — overlooking a level, well-established garden lush with mature trees, manicured lawn, rose bushes, banana palms, and dense hedge screening for privacy.

The main bedroom is a spacious retreat with air-conditioning, a modern en-suite bathroom, abundant cupboard space, and a private storeroom. Three further bedrooms are served by two additional bathrooms — one with a full family bath and one with a shower. Four garages are listed, reflecting generous covered parking and/or outbuilding accommodation.

Each unit in the complex holds an ownership share in an outbuilding currently generating R8,100 per month rental income, and a share in undeveloped land zoned and suitable for two additional future homes — exceptional development potential in a sought-after suburb. The property is fully fenced with a gated entrance and alarm system. Prepaid water and electricity are in place.

The Pavilion Shopping Centre is less than 500 m away (straight-line), with a wide variety of restaurants and retailers on your doorstep. Westville Junior, Senior Primary, and Girls' High School are within walking distance, while Boys' High is within 2 km. UKZN's campuses and the Durban beachfront are approximately 15 km away.

Rooms & layout

Bedroom × 4
Bathroom × 3
Lounge
Dining Room
Kitchen
Enclosed Verandah / Braai Area
Enclosed Courtyard
Garage (x4)

Features & amenities

gas fireplaceparquet flooringdouble oven kitchenair conditioningen suite bathroomcovered pergola patiobraai areamature landscaped gardenalarm systemgated access

Price & ownership

Asking price R 2 700 000
Price per m² R 10 385
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 2,7M
Taxes + legal + admin fees R 132,9K

Rough split: 95.3% purchase price, 4.7% buying costs.

  • Asking price R 2 700 000
  • Transfer duty (est.) R 83 200
  • Deeds Office (transfer) R 2 346
  • Conveyancing (est., incl. VAT) R 47 345
  • Deeds lodgement R 52
  • Total indicative R 2 832 943

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 25 497 /month

Total paid over 20 years (deposit + repayments): R 6 389 261

Deposit 10% · R 270 000
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 2 430 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.