Sale
South Africa

5

Beds

4

Baths

2

Parking

56,500 m²

Floor area

56,500 m²

Stand size

House 5 beds 4 baths 56,500 m²

About this property

Rare and exclusive property situated along the eastern shore of the Mtati rivermouth, approximately 40km east of Port Alfred, located within a small, tucked-away share block scheme of 12 homes. This residence is positioned at the front of the development, literally on a Milkwood forest-covered sand dune overlooking the beach and river mouth, with direct beach access in just 20 seconds.

The home is well-designed with abundant accommodation and entertainment areas. The living and dining room open onto a large timber deck featuring uninterrupted Indian Ocean views. The kitchen and scullery are finished in timber with a freestanding gas oven and hob, canvas blinds for weather protection, and flow seamlessly to the living areas.

Accommodation includes: a main en suite bedroom with stunning finishes and a bathroom with sea-view window; a second en suite bedroom between the kitchen and entrance foyer; two family bedrooms off the lounge sharing a bathroom (ideal for children or guests); and a fifth bedroom with its own shower basin and toilet beneath the main timber deck, featuring its own built-in braai on a front patio.

Additional features: laundry room with space for washing machine and tumble dryer with cupboards; alarm system; MTN booster for connectivity; and store room.

Note: This is a share block scheme property. Ownership is through purchase of a company share rather than individual erf, with no transfer duty applicable.

Location: Pristine, undeveloped area with miles of quiet beaches, excellent fishing, canoeing opportunities up the river, and incredible bird life. Approximately 50 minutes from East London airport.

Rooms & layout

Bedroom × 5
Bathroom × 4
Kitchen
Room × 2
Lounge
Dining Room
Garage × 2

Features & amenities

Beach accessOcean viewsRiver mouthDeckBraaiAlarm systemPristine locationFishingCanoeingBird life

Price & ownership

Asking price R 4 600 000
Price per m² R 81
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 4,6M
Taxes + legal + admin fees R 358,7K

Rough split: 92.8% purchase price, 7.2% buying costs.

  • Asking price R 4 600 000
  • Transfer duty (est.) R 283 356
  • Deeds Office (transfer) R 3 997
  • Conveyancing (est., incl. VAT) R 71 285
  • Deeds lodgement R 52
  • Total indicative R 4 958 690

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 43 439 /month

Total paid over 20 years (deposit + repayments): R 10 885 408

Deposit 10% · R 460 000
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 4 140 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

© 2026 Fermain Pty Ltd, trading as Yagr.