Property
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.

R 480 000