Sale
South Africa

1

Beds

1

Baths

66 m²

Floor area

Apartment 1 bed 1 bath 66 m²

About this property

This well-maintained 1-bedroom apartment in Durham Square offers smart, modern living in one of Salt River's most sought-after residential developments — ideally suited to investors, students, or young professionals seeking a central Cape Town address.

Set on an elevated floor, the open-plan kitchen and living area is fully tiled in large-format cream tiles and flows seamlessly onto a private balcony commanding sweeping views over the Salt River streetscape toward Cape Town Harbour and Table Bay. Port cranes and the open ocean are clearly visible on clear days through the sliding glass door — framed by blue curtains — that opens directly from the lounge. Safety netting on the balcony railing provides additional peace of mind at height.

The kitchen is fitted with light wooden cabinetry, a granite-effect countertop island that doubles as a breakfast bar with bar-stool seating, a black electric oven, a gas hob, a tiled splashback, and a full-height white fridge-freezer. The lounge is a comfortable, light-filled space featuring crown moulding, four-spot track lighting, and ample room for a full corner sectional sofa and entertainment unit.

The bedroom includes built-in cupboards and an en-suite bathroom. One secure covered parking bay is included. Building amenities include 24-hour security with CCTV monitoring, access-controlled entry, and lifts serving all floors.

The location is exceptionally well-connected: Salt River Station is approximately 217 m away, a MyCiTi bus stop (Spencer) is within 101 m, and a wide selection of eateries — including Shawarma House (12 m) and Salt River Kitchen (25 m) — are virtually on the doorstep, alongside multiple supermarkets within 130 m. Penryn Park is a leisurely 158 m stroll away. The Cape Town CBD, Woodstock, Observatory, and De Waal Drive are all within easy reach.

Rooms & layout

Bedroom 1
En-suite Bathroom
Open-Plan Kitchen
Lounge / Living Area
Balcony
Secure Parking Bay

Features & amenities

balconyen suitesecure parking24/7 securitycctvaccess controlled entrymoderncentral locationcity viewsdurham square

Price & ownership

Asking price R 1 300 000
Price per m² R 19 697
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 1,3M
Taxes + legal + admin fees R 30,9K

Rough split: 97.7% purchase price, 2.3% buying costs.

  • Asking price R 1 300 000
  • Transfer duty (est.) R 2 700
  • Deeds Office (transfer) R 1 130
  • Conveyancing (est., incl. VAT) R 27 025
  • Deeds lodgement R 52
  • Total indicative R 1 330 907

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 12 276 /month

Total paid over 20 years (deposit + repayments): R 3 076 311

Deposit 10% · R 130 000
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 1 170 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.