Realtor Private Property has released a new report on 10 of the most expensive houses currently for sale across South Africa.
The report follows a recent study by property group Seeff and Lighstone which found that Cape Town is home to nine of the top 10 richest suburbs in South Africa.
Only one suburb in Gauteng, Sandhurst, featured in that top 10 list.
The top 10 most expensive suburbs in the country by average selling price include:
- Clifton – R23 million
- Llandudno – R17 million
- Bantry Bay – R16.9 million
- Sandhurst – R16.5 million
- Camps Bay – R16.2 million
- Fresnaye – R16 million
- Waterfront – R16 million
- Higgovale – R16 million
- Bishopscourt – R15.1 million
- Constantia Upper – R11.6 million
These high prices are also representative by the cost of the most expensive individual houses in the area, said Private Property.
Based on current listing data it found that just two of its top 10 most expensive listings were not based in the Western Cape.
7-bedroom house in Fresnaye – R185,000,000
The most expensive property currently listed on Private Property is this villa built on the slopes of Lion’s Head.
The plot includes two swimming pools, a formal lounge with a fire place, and seven bedrooms – all en-suite.
Other features include a gym, domestic quarters, as well as security guard office, three garages and additional parking for seven cars.
Assuming you had a 10% deposit to put down on this house, the monthly bond repayments would be R1,634,436.
5-bedroom house in Clifton – R150,000,000
The property includes a Zen-like garden set against the mountain and a private pool deck.
Additional features include elevator access to all floors, a cinema room, a gym and fully automated curtains and blinds.
Monthly bond repayments with a 10% deposit would equate to R1,325,219.
6-bedroom house in Clifton – R145,000,000
This home can be found in Nettleton Road, which is reputed to be the most expensive and most sought-after street in Africa, according to Private Property.
Designed by South African architect, Stefan Antoni, features in this 6-bedroom house (all en-suite) include a library, private cinema, wine cellar, gym, massage room and private steam room.
Monthly bond repayments with a 10% deposit would equate to R1,281,045.
4-bedroom house in Fresnaye – R125,000,000
Another Fresnaye home, the property features its own personal olive grove.
Designed for entertaining, it also boasts multiple entertainment decks, patios, bars and six reception rooms.
Other features include a wine cellar, bar area and steam room.
Monthly bond repayments with a 10% deposit would equate to R1,104,349.
8-bedroom house in Houghton Estate – R110,000,000
Known as the ‘Gatsby Mansion’, this home in Houghton has eight bedrooms and several living and dining rooms.
It also features its own private nightclub, a spa, a library, a gymnasium, boardroom/conference facilities and both indoor and outdoor pools.
Monthly bond repayments with a 10% deposit would equate to R971,827.
5-bedroom townhouse in Clifton – R100,000,000
Aligned with the Clifton coastline, this property is actually a series of villas designed as a primary residence or summer home.
The villa has a private swimming pool, private lift and one storage unit.
Monthly bond repayments with a 10% deposit would equate to R883,479.
6-bedroom house in Bantry Bay – R90,000,000
Spread across six levels to maximise the ocean views and living space, this home boasts six bedrooms with en-suites.
There is private elevator to each of these floors as well as two rim-flow pools, a steam room, TV room, two lounges, modern kitchen and a safe room.
If you put down a 10% deposit and took out a bond over 20 years at the current exchange rate, you would pay R109,831,440 in interest alone on this property.
Gentleman’s estate in Bishopscourt – R88,500,000
Situated on 1.9 hectares of land, the property consists of a three bedroom, three bathroom main residence, and a separate two bedroom, two bathroom guest cottage.
It also features a tennis court and swimming pool with pool/entertainment room.
The purchase price excludes VAT, which means you can expect to pay an additional R12,390,000, to the tax man.
6-bedroom house in Bantry Bay – R85,000,000
Another property, which is actually part of a larger residence, is set high up in the mountains at the end of a private road.
Some of the notable features include a gym, four lounges, a wine cellar, a walk-in safe for your valuables, sauna, two pools (one heated), and a fully imported German kitchen.
Monthly bond repayments with a 10% deposit would equate to R750,957.
5-bedroom house in Sandhurst – R80,000,000
Located two kilometres away from the Sandton CBD, this majestic home features four storeys and has been designed to seamlessly integrate with the manicured gardens outside.
Designed for entertainment it features both a formal and informal lounge, illuminated wine cellar & cigar lounge as well as formal and informal dining and breakfast areas.