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Hyde Park has long been con­sid­ered one of the most ex­clu­sive sub­urbs in Jo­han­nes­burg

LIKE its name­sakes in Lon­don and Chicago, Hyde Park in Jo­han­nes­burg is a “pin­na­cle” sub­urb — a res­i­den­tial en­clave ex­clu­sive to those at the peak of their busi­ness and pro­fes­sional ca­reers. It is home to politi­cians, states­men and the cap­tains of in­dus­try.

Sit­u­ated just min­utes from fi­nan­cial heart 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.

Daniella Apteker, area spe­cial­ist for Lew Gef­fen Sotheby’s In­ter­na­tional Realty, says Hyde Park is char­ac­terised by quiet, ac­cess-con­trolled roads lined with large trees and by op­u­lent homes set in the multi-acre pri­vate es­tates for which it is renowned.

It comes as no sur­prise then that this area is home to some of the city’s wealth­i­est res­i­dents who are at­tracted by its prox­im­ity to Sand­hurst, Sand­ton and Rose­bank. Hyde Park also has a range of prop­erty types from which to choose — from sec­tional ti­tle apart­ments to stately man­sions on large stands. Added to this, the num­ber of top-end ameni­ties close by — Sand­ton City, Mel­rose Arch, the Wan­der­ers Club and the Hyde Park Cor­ner to name a few — all add to this area’s ap­peal. In­ter­est­ingly enough, Hyde Park Cor­ner was the first fully en­closed, de­cen­tralised shop­ping cen­tre in the coun­try when it opened its doors in 1969.

Apteker says that land here 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 one with a mag­nif­i­cent home on it else­where.

The lat­est of­fer­ing from the Sum­mer­sun Prop­erty Group is this dou­ble-vol­ume glass man­sion, which has been de­signed in a ”Mil­le­nium Mod­ern” style.

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 4,000m² es­tate in Ninth Road and of­fers mag­nif­i­cent views of North­cliff and the Ma­galies­berg be­yond, as well as a man­made lake and stream, bou­tique ho­tel-style swim­ming pool, sump­tu­ous en­ter­tain­ment ar­eas and a Zen-like med­i­ta­tion gar­den.

The res­i­dence it­self is some 1,300m² un­der roof, and boasts a 12-seater cin­ema privé, an en­ter-

Apteker says land here is scarce and new cut­ting-edge homes are few and far be­tween

tainer’s kitchen, a gym, a li­brary, a steam room, a cigar bar, a wine cel­lar, five bed­rooms — all en-suite and re­mote-con­trolled smart tech­nol­ogy through­out along with the high­est qual­ity im­ported fin­ishes.

This home was also de­signed to be green and uses so­lar en­ergy for the low volt­age LED light­ing through­out the home and for back-up power, while bore­hole wa­ter takes care of the 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,

“We think it very re­al­is­ti­cally priced, es­pe­cially when one con­sid­ers its lo­ca­tion.

“Hyde Park is an area that has con­sis­tently de­liv­ered high­erthan-aver­age prop­erty in­vest­ment re­turns and that is cur­rently much favoured by high-end home buy­ers 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 — and then at least an­other R30m-R35m more to de­mol­ish it and build a brand new one to suit their re­quire­ments.”

Data sourced from Light­stone, a prop­erty statis­tics and data provider, re­flects that the ma­jor­ity of re­cent buy­ers (31.51%) have fallen within the 50-64 years old age cat­e­gory, while ap­prox­i­mately 36.54% of re­cent sell­ers have been aged 65 or older.

Th­ese fig­ures also show that in the pe­riod be­tween May last year and April, there were 69 prop­erty trans­fers in Hyde Park of which only 13 were free­hold, 39 were sec­tional ti­tle and 17 were within es­tates. |About 42% of all properties sold in Hyde Park be­tween May last year and April were priced at more than R3m, with an aver­age sell­ing value of just more than R4m. Price: R38m Con­tact: Lew Gef­fen Sotheby’s In­ter­na­tional Realty Daniella Apteker or Mary Fourie Of­fice 011 886 8070

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