select
|

Historic homes boost the appeal of Simon’s Town property

The treasure of historical homes and buildings in Simon’s Town is a big draw card for property buyers, say Andrea Booth and Lola Casey, Seeff’s agents for the area.

They say that properties from beautiful old Victorian cottages and houses to a grand mansion in the main road are always in demand as homes as well as for business purposes.

The only challenge is that these are seldom on the market and are usually snapped up quite quickly.

Simon’s Town is dominated by naval activity and occupies a scenic position with sea and fynbos mountain views as far as the eye can see. Its location on the False Bay coast en route to Cape Point also makes it a popular holiday spot, attracting day, weekend and holiday visitors almost year-round.

Home to just over 8 000 residents who enjoy a laid-back lifestyle, the suburb is not short of facilities and boasts excellent infrastructure. As it is a tourist town, there are plenty of street cafés and restaurants here and further towards Kalk Bay and Muizenberg.

The suburb is predominantly tied to the naval development with attractions such as Just Nuisance, the world famous dog who was awarded the title of Able Seaman in the Royal Navy, celebrated with a life-sized bronze statue in Jubilee Square.

There is also the historical mile that runs along St George’s Street with about 21 landmark buildings.

“Although about half of all the properties in Simon’s Town have been owned for 11 years and more, we are seeing quite a bit of movement in the market with especially younger buyers moving in. It remains a popular retirement spot though, especially for buyers looking for a coastal destination close to a metropolitan area.

“Data from Lightstone points to a fairly brisk market in 2015 with 212 property transactions worth just under R440 million, about 16 percent higher than the previous year in unit terms and 33 percent more in value.

“The market ended the year with an average freehold house price of R2.3m, almost 30 percent more than in 2014. This reflects the demand for property in the village,” say Booth and Casey.

Property in the village comprises mostly freehold houses, priced from around R1.5m to R15m for a historical home in St George’s Street.

ABC House is a Simon’s Town landmark and originally housed the Attwell Baking Company. It dates to around 1897, although the original smaller building was built in 1888. It has spectacular sea and mountain views and is set over three floors with a lift.

While maintaining most of the original features including the wooden sash windows and doors, it has been restored and renovated. Features include wooden floors, raw-brick feature walls, an interesting glass inset on the upper floor and trendy bathrooms.

“The property has a modern designer kitchen and adjacent open-plan dining room with space for a 12-seater dining table. There are five king-size bedrooms, four bathrooms, a security room, a yoga studio, a gym with a steam shower, staff accommodation, an income producing flat and a seven-car garage. A sheltered decked terrace has braai facilities and a swimming pool and remarkable views,” say the agents.

The history of the building is tied to the naval origins of the suburb as it initially served as the Naval Club and from 1897 to 1929 was occupied by the Attwell Baking Co. which provided bread to the navy.

At present, the streetfront is occupied by businesses including Seeff’s offices and the upper levels are a residential home.

The agents say the property offers excellent development potential and could be used as a boutique hotel or hospitality establishment.


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 17 Nov 2017
      FWJK has announced the launch of its latest residential brand, the Lil’ Apple, which will be launched simultaneously in two developments in Cape Town and Umhlanga totaling 600 apartments. The Lil’ Apple is set to be a brand of FWJK’s New York style apartments which will be rolled out nationally.
    • 17 Nov 2017
      It’s been a tumultuous year on many fronts, with socio-political uncertainty setting the tone for much of South Africa’s economic activity yet despite this and seemingly counter-intuitively, the residential property market has held up well.
    • 17 Nov 2017
      The EAAB (the Estate Agency Affairs Board) recently claimed that around 50,000 illegal estate agents could currently be operating illegally.
    • 16 Nov 2017
      Penthouses are synonymous with New York – characterised by high-rise living that is decidedly luxurious and spacious. While exclusivity comes at a price, you can still create a “penthouse” look and feel in your existing apartment or even the upstairs bedroom of a double storey house with some clever design changes and styling touches.
    • 16 Nov 2017
      The area has long been popular with kite surfers and, with escalating property prices in Cape Town itself, is increasingly in demand with home owners who work in town, but are looking to invest in more affordable properties.
    • 16 Nov 2017
      Cape Town’s popularity as a world-class tourist destination has resulted in a spike in the number of homes available for holiday lets and fuelled investor demand for sectional title units with short term rental potential.
    • 15 Nov 2017
      Sappi, one of South Africa’s oldest global companies and a leading global supplier of sustainable woodfibre products, has moved its global and regional headquarters to a new site on the corner of Oxford and 14th Avenue in Rosebank.
    • 15 Nov 2017
      There’s an old saying in real estate that you should seek to make a profit when you buy, not only when you sell – and a large part of succeeding at that endeavour is buying a home in an area with desirable features that will enhance the resale value of your property.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK