Brand new Hyde Park designer green home on sale for R38m

Like its namesakes in London and Chicago, Hyde Park in Johannesburg is a “pinnacle” suburb – a gracious residential enclave exclusive to those who have reached the peak of their business and professional careers.

 It is home to politicians, statesmen and captains of industry. Famous names reside behind the high walls of its leafy streets and it’s no secret that this is the playground and habitat of the rich and famous.
Situated just minutes from the Sandton and Hyde ParkCBD, the humming financial capital of SA, Hyde Park affords easy access to the best shopping and entertainment venues in the metropolis, several super-luxury hotels and the top private clubs as well as excellent public and private schools – including Pridwin, Kingsmead, Sandown High, Hyde Park High, St David’s and Crawford College.

However, notes Daniella Apteker, area specialist for Lew Geffen Sotheby’s International Realty, it remains a plush and tranquil oasis of privilege, characterised by quiet, access-controlled roads lined by large trees and by opulent homes set in the multi-acre private estates for which it is renowned.
Land is scarce and new cutting edge homes are few and far between in this prestigious suburb, where the price of a good empty stand could buy you one with a magnificent home on it elsewhere.

And none of those that are available is more impressive than the latest offering from the Summersun Property Group – a spectacular double-volume glass mansion in the “Millenium Modern” style that is currently being marketed by Sotheby’s International Realty for R38-million.
Conceived by Arlene Rottanburg of Summersun as a home that would “set the bar for uncommon luxury and privileged living”, the house is built on a 4000sqm estate in Ninth Road that offers magnificent views of Northcliff and the Magaliesberg beyond, as well as a man-made lake and stream, boutique hotel-style swimming pool, exciting entertainment areas and a Zen-like meditation garden.

The residence itself is some 1300sqm in extent under cover,and boasts a 12-seater cinema privé, an entertainer’s show kitchen, a gym, a library, a steam room, a cigar bar,a wine cellar, five bedrooms all en-suite andremote-controlled “smart” technology throughout with the highest quality imported finishes.
It was also designed to be “green” and utilises solar energy for the low voltage LED lighting throughout the home and for back-up power, and borehole water for irrigation. A German system utilising hot and chilled water coupled with heat inversion pumps provides underfloor heating and temperature control as effective as normal air conditioning, but much more environmentally-friendly.
“This is without doubt a world class home,” says Lew Geffen, chairman of Sotheby’s International Realty in SA, “and we think it very realistically priced at R38-million, especially when one considers its location.
“Hyde Park is an area that has consistently delivered higher-than-average property investment returns and that is currently much favoured by high-end homebuyers prepared to pay well for large properties in convenient, sought-after suburbs, especially brand new homes which are few and far between”
“In fact many buyers now perceive such value here - as in neighbouring Sandhurst and in Constantia and Bishopscourt in Cape Town - that they will easily pay several million rand for a home on a large estate, then at least R30 million to R35 million more to demolish it and build a brand new one to suit their requirements.”

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