2
Beds
2
Baths
200 m²
Floor area
200 m²
Stand size
About this property
A 2-bedroom, 1-bathroom home in Motherwell NU 8, Port Elizabeth, set on a 200 sqm erf. The property features a covered front patio and a brick boundary wall to the front. Inside, the home consists of a lounge and a kitchen fitted with a sink and built-in cupboards. The layout is practical and provides a solid base for future improvements. There is also a flatlet and outside toilet facilities on the property, offering additional space that can be utilised according to the new owner's needs. The home requires renovation and general updates, making it suitable for buyers looking for a project or an investment opportunity in an established residential area.
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 96.8% purchase price, 3.2% buying costs.
- Asking price R 410 000
- Deeds Office (transfer) R 434
- Conveyancing (est., incl. VAT) R 12 859
- Deeds lodgement R 52
- Total indicative R 423 345
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
Total paid over 20 years (deposit + repayments): R 970 221
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 369 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.