Property
South Africa

4

Beds

2

Baths

2

Parking

835 m²

Floor area

835 m²

Stand size

House 4 beds 2 baths 835 m²

About this property

Gorgeous Tuscan-inspired family home in a quiet Summerstrand street. Features 3 spacious bedrooms with main en-suite, 2 modern bathrooms, and a large study. Open-plan living area with built-in braai opening onto a sunny north-facing deck. Beautiful manicured garden with 2500L water tank. Double garage with excellent security. Bonus: Two separate, self-contained flatlets with private entrances—ideal for rental income. Walking distance to Spar, Nelson Mandela Bay University, Boardwalk Mall, and Pearson High School. A perfect blend of comfort, convenience, and investment opportunity.

Rooms & layout

Bedroom × 4
Bathroom × 2
Study
Lounge
Kitchen
Garage × 2

Features & amenities

BraaiGardenSecurityWater tankNorth facing deckFlatletsRental incomeManicured garden

Price & ownership

Asking price R 2 850 000
Price per m² R 3 413
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 2,9M
Taxes + legal + admin fees R 147K

Rough split: 95.1% purchase price, 4.9% buying costs.

  • Asking price R 2 850 000
  • Transfer duty (est.) R 95 200
  • Deeds Office (transfer) R 2 477
  • Conveyancing (est., incl. VAT) R 49 235
  • Deeds lodgement R 52
  • Total indicative R 2 996 964

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 26 913 /month

Total paid over 20 years (deposit + repayments): R 6 744 220

Deposit 10% · R 285 000
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 2 565 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 2 850 000