The Cape’s Atlantic Seaboard has been known for its phenomenal real estate prices – and with good reason. Its proximity to the city bowl combined with its breath-taking views of the coast and iconic Table Mountain makes this the ideal suburb for luxury buyers. Those hoping to purchase in the area now have the opportunity to claim the rights to own the most expensive home currently listed in South Africa at a cool R150 million.
Situated in Fresnaye, this 2 000m² mansion boasts five bedrooms with four en suite bathrooms. An open-plan kitchen, scullery, two generous living areas, and a dining room with a walk-in wine cellar can be found on the ground floor. Just outside lies the pool, a garden bar, and another lounge area – not to mention the four garages and additional on-street parking. On the top floor, buyers will find a sauna, a steam room, and a personal gym. Of course, no luxury home is complete without state-of-the-art security, a glass floating staircase, and a built-in elevator.
Considering current circumstances, one might expect that a home such as this might struggle to sell. Yet, within the first few weeks of it being listed, the mandated agent, Karryn Cartoulis of RE/MAX Living, has already received a high cash offer. “There has been an incredible amount of interest in this property and within a couple of weeks of listing this spectacular home, I received a very high cash offer but this was countersigned by the owners,” Cartoulis explains.
This means that this property is still on the market for some lucky investors. As an area that proves to be in high demand without exception, this property truly is a prime investment opportunity for the luxury buyer.
View the listing and video tour of this property