Property
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 4 350 000
Price per m² R 6 214
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 4,4M
Taxes + legal + admin fees R 327,8K

Rough split: 93.0% purchase price, 7.0% buying costs.

  • Asking price R 4 350 000
  • Transfer duty (est.) R 255 856
  • Deeds Office (transfer) R 3 780
  • Conveyancing (est., incl. VAT) R 68 135
  • Deeds lodgement R 52
  • Total indicative R 4 677 823

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 41 078 /month

Total paid over 20 years (deposit + repayments): R 10 293 810

Deposit 10% · R 435 000
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 3 915 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 4 350 000