House for sale

R 1 250 000

Highgate , East London , Eastern Cape

Beds

Baths

Parking

608 m²

Floor area

House 6 beds 4 baths 608 m²

About this property

This versatile and well-maintained property offers the perfect combination of comfortable family living and excellent income potential. Situated in a quiet, established neighbourhood, and conveniently located close to schools and shopping centres, this home ticks all the right boxes.

The main house features: • 3 well-sized bedrooms • 2 bathrooms • Open-plan lounge, dining room, and kitchen – designed for easy family living

In addition, the property includes two separate flats, ideal for: • Generating rental income • Accommodating extended family • Providing private space for older children • Working from home opportunities

The outdoor entertainment area is designed for making memories, with: • Undercover braai area • Swimming pool • Ample space for family gatherings and relaxed weekends

Whether you are looking for a spacious family home with added flexibility, or a smart investment property with multiple income streams, this property offers outstanding value.

Rooms & layout

Bedroom × 6

Bathroom × 4

Lounge

Dining Room

Kitchen

Garage

Features & amenities

PoolBraaiOpen planQuiet areaClose to schoolsNear shopping centreIncome potentialSeparate flats

Price & ownership

Asking price R 1 250 000

Price per m² R 2 056

Municipal valuation -

Cost to buy (indicative)

Including bond costs

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 28,5K

Rough split: 97.8% purchase price, 2.2% buying costs.

Asking price R 1 250 000
Transfer duty (est.) R 1 200
Deeds Office (transfer) R 1 086
Conveyancing (est., incl. VAT) R 26 162
Deeds lodgement R 52
Total indicative R 1 278 500

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 11 804 /month

Total paid over 20 years (deposit + repayments): R 2 957 991

Deposit 10% · R 125 000

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 1 125 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.