{"id":818740,"date":"2025-03-28T16:21:15","date_gmt":"2025-03-28T14:21:15","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=818740"},"modified":"2025-03-28T16:21:20","modified_gmt":"2025-03-28T14:21:20","slug":"a-look-at-the-opulent-r58-million-mansion-with-its-own-car-lift","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/property\/818740\/a-look-at-the-opulent-r58-million-mansion-with-its-own-car-lift\/","title":{"rendered":"A look at the opulent R58 million mansion with its own car lift"},"content":{"rendered":"\n

An eight-bedroom mansion in Spanish Farm, Somerset West is on the market for R58 million, and its additional living spaces could be perfect for those looking for dual-living spaces. <\/p>\n\n\n\n

Pam Golding<\/a> said that the ‘opulent’ property has expansive views of the mountains and False Bay. It also features a double-volume hall, designer kitchen, cinema room and home office.<\/p>\n\n\n\n

Moreover, it features an indigenous garden, computerised irrigation with a borehole, solar panels, sauna and a solar inverter room. <\/p>\n\n\n\n

A notable property feature is the double garage with a hydraulic lift accessible on both levels.<\/p>\n\n\n\n

The property also includes a two-bedroom, two-bathroom cottage and one-bedroom, one-bathroom staff accommodation.<\/p>\n\n\n\n

Pam Golding said that the demand for homes with separate cottages or flatlets is rising in South Africa, driven by families looking for flexible living arrangements.<\/p>\n\n\n\n

Some of the reasons for choosing dual-living properties are providing self-contained space for ageing parents, giving young adults a stepping stone to independence, or creating an additional income stream.<\/p>\n\n\n\n

\u201cThere\u2019s a growing preference for homes with a separate flatlet or cottage, particularly in Stellenbosch and Somerset West,\u201d said Louise Varga, Pam Golding Properties area manager for Somerset West. <\/p>\n\n\n\n

“Many buyers are looking for properties that offer independent living spaces for family members, while others see the potential to earn additional income from a rental unit.\u201d<\/p>\n\n\n\n

They added that the appeal is clear, as shared living eases financial pressures, allowing retirees to stretch their savings while enjoying the company of loved ones. <\/p>\n\n\n\n

Younger generations can also work towards financial independence without the immediate burden of homeownership.<\/p>\n\n\n\n

That said, finding the right property isn’t alays easy, as standalone cottages or self-contained flatlets are in high demand, but are relatively scarce in the Western Cape, especially Helderberg and Stellenbosch. <\/p>\n\n\n\n

\u201cUnfurnished, pet-friendly one-bedroom units are especially sought after, and with limited supply, renters are often willing to take whatever they can find,\u201d said Varga. <\/p>\n\n\n\n

\u201cEstates – where demand for dual-living is often highest – typically don\u2019t allow dual-living options. However, Newinbosch in Stellenbosch is a rare exception.” <\/p>\n\n\n\n

“Here, the Courtyard homes \u2013 which are priced from R3.575 million for a two-bedroom, two-bathroom unit, with the option of an added one-bedroom, one-bathroom.” <\/p>\n\n\n\n

“These can serve as a private living space for older or younger family members, or an income-generating rental apartment.\u201d<\/p>\n\n\n\n

In recognition of this trend, homeowners across the country are adding separate living spaces to their properties, primarily for their families and not for renters. <\/p>\n\n\n\n

\u201cOnly a small percentage are doing short-term leases, especially in Stellenbosch, where council approval is required for short-term rentals.” <\/p>\n\n\n\n

Apart from financial savings, the lifestyle advantages of multi-generational living are also significant. Parents can benefit from the extra set of hands, whether for school runs or the occasional night out. <\/p>\n\n\n\n

Children can also enjoy the presence of grandparents who have the time to read, share stories, and simply be there.<\/p>\n\n\n\n

\u201cIt\u2019s no surprise that multi-generational living is on the rise,\u201d said Varga. \u201cAt its core, it\u2019s about creating a home where different generations can support one another – financially, emotionally, and practically.\u201d<\/p>\n\n\n\n

Images of the R58 million Spanish Farm mansion<\/h2>\n\n\n
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<\/p>\n","protected":false},"excerpt":{"rendered":"

An eight-bedroom mansion in Somerset West caters to the growing trend of flexible living arrangements.<\/p>\n","protected":false},"author":95,"featured_media":818746,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12755],"tags":[10618,22161],"class_list":["post-818740","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property","tag-pam-golding","tag-somerset-west"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/818740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/95"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=818740"}],"version-history":[{"count":6,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/818740\/revisions"}],"predecessor-version":[{"id":818769,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/818740\/revisions\/818769"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/818746"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=818740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=818740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=818740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}