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POA Bond Calculator | 1 Bedroom Apartment / Flat for Sale in Musgrave

Durban, Musgrave

1 1
Erf Size: 55 m²

Sole & exclusive online auction – deceased estate

Retirement Accommodation , Now open for bids and offers!
Auction closes 15th June (unless sold prior). All reasonable offers will be considered.
Note: Buyers must be 55 years or older to reside at the property.

Upon acceptance, the purchaser is required to pay:

5% deposit of the purchase price

10% auctioneer’s commission + VAT, over and above the purchase price

This charming 1-bedroom ground-floor garden apartment is located in the prestigious Caister Lodge retirement village, operated under a share block system. A rare opportunity to secure a home in one of Durban’s most established and sought-after retirement communities.

Caister Lodge – Where Comfort Meets Community
Originally the site of the beloved historic Caister Hotel, Caister Lodge has been thoughtfully transformed into a vibrant retirement community nestled in the heart of the Berea.

Conveniently located with direct access to:

Musgrave Centre

Berea Park

Churches and public transport (city bus stop at the gate)

Caister Lodge offers more than just a home—it’s a secure, caring, and well-managed community with outstanding facilities and a strong sense of belonging.

Key Highlights:

Each apartment is individually owned under a share block structure

A 25% resale contribution goes to the Caister Equalisation Fund – supporting sustainability and helping subsidize levies

Monthly levies approx. R18,000 (detailed breakdown available on request)

Facilities & Lifestyle
A full range of amenities designed for comfort and connection—details and a virtual tour available via the Caister Lodge website (provided upon request).

For more information:
To arrange a private viewing, receive full auction terms and conditions, or obtain a copy of the Caister Lodge Share Block Purchase Agreement, please contact:

Mark Gadd – Auctioneer


Property Overview

Listing Number
115891115
Type of Property
Apartment / Flat
Erf Size
55 m²
Levies
R 19 417

Rooms

Bedroom
1
Bathroom
1

External Features

Garden
1


Contact AgentWeb Ref 115891115

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Agents

Mark Gadd
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Auction Information

Auction Date: Available on Application
Auction Venue: Available on Application

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