5
Beds
4
Baths
2
Parking
56,500 m²
Floor area
56,500 m²
Stand size
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
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: 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
Total paid over 20 years (deposit + repayments): R 10 885 408
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.