Apartment for sale

R 730 000

Beacon Bay North , East London , Eastern Cape

Beds

Baths

Parking

58 m²

Floor area

Apartment 1 bed 1 bath 58 m²

About this property

This apartment is situated in a popular complex in Beacon Bay, East London. Measuring 58 sqm, the unit offers one bedroom with built-in cupboards and a full bathroom. The open-plan kitchen is fitted with a built-in stove and oven and includes space and plumbing for both a dishwasher and washing machine. The spacious living area opens onto a sunny balcony, creating a comfortable and relaxed living environment.

The complex boasts excellent lifestyle amenities, including two communal swimming pools, communal braai areas, and a communal laundry with coin-operated machines. Security is a standout feature, with 24-hour manned access control ensuring peace of mind. The unit includes both a covered parking bay and an additional open parking bay.

Centrally located within close proximity to Life Beacon Bay Hospital, shopping malls, business hubs, schools, and major transport routes, making it highly appealing to both tenants and owner-occupiers. Ideal for first-time buyers, professionals, or investors, this apartment offers a convenient lock-up-and-go lifestyle with strong rental potential.

Rooms & layout

Bedroom 1

Bathroom

Kitchen

Lounge

Garage × 2

Features & amenities

Swimming poolBraai areaLaundrySecurity24 hour access controlBalconyParkingBuilt in cupboardsBuilt in stove and oven

Price & ownership

Asking price R 730 000

Price per m² R 12 586

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 730K

Taxes + legal + admin fees R 18,5K

Rough split: 97.5% purchase price, 2.5% buying costs.

Asking price R 730 000
Deeds Office (transfer) R 634
Conveyancing (est., incl. VAT) R 17 814
Deeds lodgement R 52
Total indicative R 748 500

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 6 894 /month

Total paid over 20 years (deposit + repayments): R 1 727 467

Deposit 10% · R 73 000

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 657 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.