“The best address in Africa” – Yours for R120 million

As one of South Africa’s most exclusive residential areas, Clifton is home to some of the most luxurious homes in the country.  

Regularly described as the most expensive suburb in South Africa and the southern hemisphere’s own Côte d’Azur, it’s a favourite among business leaders, celebrities and international jet-setters, sought after for its sweeping ocean views, cosmopolitan lifestyle and Blue Flag beachfront.  Within the suburb, Nettleton Road is arguably the most exclusive address, and hugging the cliff-side below Nettleton Road is the only secure estate in Clifton, Nettleton Ridge.  Pam Golding Properties (PGP) reports that a new home currently under construction in that estate looks set to challenge for the title of “the best address in Africa”, with no detail overlooked or luxury spared.  Occupying a double plot of prime land measuring over 1620sqm, the property is priced at R120 million, inclusive of VAT.

PGP’s area manager for the Atlantic Seaboard and City Bowl, Basil Moraitis, says the property, known simply as “House 3”, is one of only four located within the exclusive estate.  “These homes are all accessed via a single private driveway in Kloof Road, with 24-hour manned security,” he says.  “Each home has been custom-designed for its owner, and all are sheltered by the flanks of Lion’s Head, and enjoy sweeping views over the Atlantic Ocean, Camps Bay and the Twelve Apostles.  It’s one of the most exclusive addresses in the country, with residents including several leading captains of industry.  Whoever buys House 3 will join a discreet group of high net worth individuals for whom no stone has been left unturned in the creation of the ultimate trophy home.”

House 3 has been designed by acclaimed Peerutin Architects, a firm responsible for some of Cape Town’s most recognisable buildings, including Wembley Square and the Queen Victoria Hotel.  The practice is renowned for its ability to create homes that blend harmoniously into their environment, and has extensive experience using Clifton’s steep slopes as a frame for magnificent ocean views.

House 3 will span four levels, with the bottom two storeys offering staff quarters, garaging for four vehicles, an entrance foyer and storage space.  The upper two levels will “float” above this stone clad base and include the main accommodation and living areas of the home.  The use of glass walls and numerous terraces will emphasize the property’s 180 degree views and highlight the unique beauty of the location.  The home’s accommodation includes four bedroom suites, with the three family suites located on the top storey and a separate guest suite on the first floor offering privacy for visitors.  The formal and informal living areas will flow onto an expansive garden terrace with a level lawn and heated 25m infinity pool.  

Other features of the property include a media room, sauna and steam room, Jacuzzi terrace and private gym, as well as a study, bar, sun deck, wine cellar and children’s playroom with its own private yard.  Dense landscaping will shelter the home from its neighbours and provide a sense of a private oasis.

Whilst construction on the home is nearly complete, the buyer will be able to select the final finishes to suit their own personal taste.  

“This property offers the opportunity to create an unprecedented living experience,” says Moraitis, “one that will surpass even the highest of expectations.  The price tag is not unheard of for this area – there are in fact other properties on the market in this range in the near vicinity of Nettleton Ridge. And it’s worth noting that Clifton last year (2012) saw the highest price ever paid for a residential property in South Africa, when a 1300sqm apartment at The Clifton was sold for R198 million.  It is indisputably one of the best investment areas for property in South Africa – if not the whole African continent – and offers a lifestyle that is simply without compare.”

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