Luxury apartment yours for R140m

ONE of the most expensive apartments in the country is up for grabs in the exclusive Cape Town suburb of Clifton.

If the R140-million fourbedroom property goes for the asking price‚ it will be the country’s second-most expensive apartment‚ after a R198-million property – also in Clifton – bought last year by businessman Eric Samson.

Pam Golding Properties’ Atlantic Seaboard area manager Basil Moraitis said the apartment was the most expensive the company had marketed.

The property is described as a “grand and unique double-volume apartment in Clifton with spectacular frontage at the water’s edge”.

It features a “large sparkling pool surrounded by expansive entertainment decks leading onto a lawned garden with direct access to Moses Beach”.

The ad for the property adds: “Magnificent open-plan living areas flow to a large kitchen with a morning breakfast terrace‚ all with spectacular views of the entire Clifton bay and the Twelve Apostles mountain range.

“Two large en-suite front-facing bedrooms downstairs‚ with another two bedrooms and two bathrooms upstairs‚ all leading to open sun terraces.”

There are also six parking bays and a private lift.

Property economist Erwin Rode said the fact that agents felt confident enough to attach huge price tags to such properties was a vote of confidence in the Cape Town economy.