Nestled on the banks of the Liesbeeck River where the Dutch settlers first grew their crops in the 1650s, the suburb of Rosebank is known for its stately character homes. One of these magnificent houses, designed by Sir Herbert Baker in the 1880s, has been listed by Pam Golding Properties for R9.95 million.
Says Carol Knopf, Pam Golding Properties agent for the area: “Buyers are drawn to Rosebank because of its central location, open green spaces, and old-world charm. This double-story property is set on an expansive property of 1 100m² walking distance of Rustenburg Girls’ High School, the Rondebosch Common and various medical facilities, shops and public transport.” There is also the appeal of owning a historic home in one of Cape Town’s most established suburbs, she adds.
The seven-bedroom home boasts leaded windows with hardwood frames, imported Oak strip flooring and high ceilings typical of the Victorian period. A sizable kitchen offers gourmet cooking facilities and there is an adjoining utility room with plenty of storage space. The generously-proportioned bedrooms present several accommodation options for this historical gem. While perfect for a large family or as shared accommodation, it would also work well as a convalescent home for families of the nearby Red Cross Children’s Hospital or as an income-generating Bed and Breakfast. “Given the proximity of the suburb to the University of Cape Town, as well as the Rondebosch Medical Centre Private Hospital and Groote Schuur Hospital, there’s an ongoing need for shared accommodation and family homes for doctors and professionals,” adds Knopf.
Families tend to put down their roots in Rosebank, says Knopf, and Lightstone property data indicates that more than half of homeowners have been in their properties for 11 years or more. Rosebank has meandering riverside paths that are ideal for cycling, running and dog walking, as well as parks where children can play. The Rondebosch Common is the “Central Park” of the Southern Suburbs and serves as the meeting point for the popular Saturday park run.
Property prices in Rosebank have shown steady growth in recent years, with homes at the upper end of the market selling for between R5.8 million and R7.5 million in the past two years. Homes with a unique character, such as those designed by Baker, are popular with buyers looking to own a piece of history, says Knopf. Baker’s architectural style can be seen in some of Cape Town’s historical landmarks, including St George’s Cathedral and the Rhodes Building on the corner of Wale Street in the city centre. “Today Herbert Baker’s iconic properties are sought after for various uses, and are well worth the investment by an astute buyer,” adds Knopf.