Sale
South Africa

2

Beds

1

Baths

1

Parking

Commercial 2 beds 1 bath

About this property

Overview

Discover the perfect blend of space, serenity, and stunning views in this spacious flat situated in one of East London's most sought-after and peaceful pockets of The Quigney.

Features

This generously proportioned apartment features two and a half large spaces, offering exceptional flexibility whether you're looking for a family-friendly layout, a dedicated home office, or the perfect multi-let opportunity for an investor.

Location & Amenities

Prime position – quietly tucked away yet incredibly convenient:

  • Breathtaking harbor views that will make every day feel like a holiday
  • Short walk or quick drive to the vibrant city center
  • Moments from the beautiful beachfront promenade and Eastern Beach
  • Surrounded by all essential amenities – restaurants, shops, coffee spots, and more

Parking

While there is no off-street parking, the position perfectly suits public commuting via paid commuting services in the area.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Garage

Features & amenities

harbor viewsbeachfront proximitycity center accessrestaurants nearbyshops nearby

Price & ownership

Asking price R 480 000
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 480K
Taxes + legal + admin fees R 14,5K

Rough split: 97.1% purchase price, 2.9% buying costs.

  • Asking price R 480 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 14 038
  • Deeds lodgement R 52
  • Total indicative R 494 524

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 4 533 /month

Total paid over 20 years (deposit + repayments): R 1 135 869

Deposit 10% · R 48 000
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 432 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.