Sale
South Africa

4

Beds

2

Baths

5

Parking

700 m²

Floor area

House 4 beds 2 baths 700 m²

About this property

Exceptional 4-bedroom, 2.5-bathroom residence in a secure estate in Summerstrand, Port Elizabeth. Features an inviting open-plan layout with two generous lounges, dedicated dining room, private study, and well-appointed kitchen. Laundry area included.

Outdoor amenities include a private garden, paved relaxation areas, jacuzzi, and dedicated braai room. Balcony provides elevated vantage point. Vehicle accommodation includes 3 garages and 2 parking spaces.

Comprehensive security features: 24-hour security, alarm system, intercom, electric fencing, security gates, and burglar bars within a fully walled perimeter. Sustainability features include solar panels for energy efficiency, borehole and water tanks for water resilience, and fibre connectivity for high-speed internet.

Desirably located in Summerstrand, a coastal metropolitan suburb known for proximity to the beach and vibrant community atmosphere. Pets allowed.

Rooms & layout

Bedroom × 4
Bathroom × 2
Kitchen
Living room × 2
Dining Room
Study
Room × 2
Garage × 5

Features & amenities

Secure estateGated community24 hour securityAlarm systemElectric fencingBurglar barsWalled perimeterSolar panelsBoreholeWater tanks

Price & ownership

Asking price R 4 200 000
Price per m² R 6 000
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 4,2M
Taxes + legal + admin fees R 309,3K

Rough split: 93.1% purchase price, 6.9% buying costs.

  • Asking price R 4 200 000
  • Transfer duty (est.) R 239 356
  • Deeds Office (transfer) R 3 650
  • Conveyancing (est., incl. VAT) R 66 245
  • Deeds lodgement R 52
  • Total indicative R 4 509 303

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 39 662 /month

Total paid over 20 years (deposit + repayments): R 9 938 851

Deposit 10% · R 420 000
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 3 780 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.