Weekend Argus (Saturday Edition)
Under R11m in Gauteng, up to R40m at sea
SEEFF compares what you can buy on the Atlantic seaboard compared to Sandton and Pretoria East:
In Atholl (Sandton), you can get an 818m2 house with extras such as a wine cellar, outdoor entertainment area, staff accommodation, multi-car garaging and swimming pool for R10.9 million.
A similar house on the Atlantic seaboard, in Camps Bay for example, will cost R18m-R32m and in Bantry Bay as much as R30mR40m.
In Sandhurst (Sandton), a palatial French chateau-style house with spectacular interiors and bespoke finishes and parklike grounds is priced at about R48m.
A comparative property in the Atlantic seaboard suburbs of Clifton, Bantry Bay and Fresnaye will cost between R75m and R185m, says Lance Cohen, Seeff ’s luxury market specialist for the Atlantic seaboard.
In the exclusive Mooikloof Equestrian Estate (Pretoria East), a 2 291m2 home set on land measuring 10 000m2, is priced at R26m. It has seven bedrooms, luxurious living areas, a bar, wine cellar, home cinema theatre, gym and sauna, tennis and squash courts, an extra-length lap pool that leads from an entertainment patio with pizza ovens, an outside boma, staff accommodation for three people, multi-car garaging, and top class security.
A similar property in the southern suburbs’ top areas of Bishopscourt and Constantia in Cape Town has sold for R66m.