Do you have R180 million? If so, then buying a property would be one of the best ways to spend your money, but you will need anything upward of R69 million to R180 million and as much as R750 million for a top-end mansion on the Atlantic Seaboard.
Samuel Seeff, chairman of the Seeff Property Group, says Cape Town is where you will find some of the most exclusive mansions in the country, especially in Clifton, Bantry Bay and Fresnaye on the Atlantic Seaboard where prices have reached upwards R100 million to R275 million, and in Bishopscourt and Constantia Upper in the Southern Suburbs where prices have topped the R60 million price mark.
The Atlantic Seaboard is home to the most exclusive streets in the country, such as Nettleton Road in Clifton where you can expect to pay upwards of R150 million, says Seeff.
“You can also find a few mansions in the Franschhoek area, especially in some of the exclusive vineyard estates such as Fransche Hoek Estate, Domaine des Anges and Sante Winelands Estate as well as Val de Vie in Paarl. Here you can expect to pay around R8 million to R38 million for a top-end property. These generally come with large homes and big plots overlooking vineyards and with stunning scenic vistas,” says Seeff.
Other top-end areas where you will find mansions with the most enviable addresses include Waterkloof in Pretoria East, and the Sandton suburbs in Gauteng. In KwaZulu-Natal, you will find these super-homes mostly in Zimbali and Umhlanga.
According to Seeff, the buyer profile of these mansion properties tends to be mixed, ranging from business executives and entrepreneurs to foreign embassies and consulates in the case of Bishopscourt and Constantia Upper.
Foreign ‘swallow’ buyers are also attracted to these top-end properties given the good value that they represent in dollar and euro terms, especially coastal and vineyard properties.
Lance Cohen, Director for Seeff Atlantic Seaboard, says the Atlantic Seaboard properties, while generally offering smaller plots due to the lack of land space, offer spectacular panoramic ocean views and magnificent designs by some of the country’s top architects such as Stefan Antoni from SAOTA, Peerutin Architects, Fabian Make Architect, Antonio Zaninovic Architecture Studio and DHK Architects.
“These homes would range in size from anything upwards of 800sqm to as much as 1 400sqm and more,” says Cohen.
”Generally multi-storey, with up to six bedrooms, all with their own luxurious en-suite bathrooms, multiple lounges, dining rooms, chef kitchens, luxurious German appliances and bathroom finishes, luxurious five-star fittings and finishes throughout, a private cinema, gymnasium or perhaps your own yoga studio, climate control throughout (hot and cold), full home automation, top-class security, guest and staff suites, multi-car garaging, outdoor entertainment areas, a heated swimming pool and much more. Expect to pay upwards of R60 million to R300 million for a mansion here.”
Cohen currently has a number of top-class listings, priced from R55 million to R750 million. Most of the top-end properties are not advertised but marketed privately.
Charles Vining, Seeff’s MD in Sandton, says Sandhurst is the most prestigious suburb in Sandton, and one of the top suburbs in the country where the most super-homes in Johannesburg are found.
“Home sales in Sandhurst have been as high as R80 million in the past seven years, and many international businessmen and women - earning their salaries in dollars and looking for a Johannesburg base - invest here. Coronation Road in Sandhurst is also highlighted as the most high-value street in Gauteng with an average house value in the tens of millions,” says Vining.
“Most homes on the market in Sandhurst are priced between R20 million and R30 million, but on the rare occasion that a home of between R60 million and R180 million will be listed, it will be a magnificent property.”
Andreas Wassenaar, Seeff’s Licensee and Principal in Zimbali and long-time resident in Zimbali Coastal Resort, says Zimbali represents the pinnacle of residential property in KZN.
The price bracket for new superbly appointed beachfront villas ranges from R25 million to R70 million. These homes typically offer between 650sqm to 1 000sqm of designer state-of-the-art living spaces with leading KZN architects such as Nigel Tarbaton of Metropole Architects, Chantelle Viljoen of Casa Architects or Chen Sagnelli of Sagnelli Architects featuring prominently, says Wassenaar.
Zimbali offers discerning investors large homes on big freehold sites with magnificent oceanfront settings at pricing that offers compelling value.
Here’s what some of the super-homes in these prestigious suburbs are selling for:
1. R69 million in Constantia Upper
The spectacular Mintaka Estate in Constantia Upper, Cape Town, has its own private vineyard, 25 000sqm of land (three title deeds with development opportunity), a large homestead, guest cottages, caretaker’s house, staff accommodation, large swimming pool and splash pool with changing rooms, storage and garages and magnificent gardens with lawns, wooded enclaves, a Zen garden, rose garden, orchard, kitchen garden, vegetable patch, cascading ponds, a putting green and its own.
To view the home, click here.
2. R70 million in Zimbali
This ultimate coastal property in Zimbali Coastal Resort and Estate, Ballito, is located on a beautifully elevated site with unrestricted 180-degree sea, coastal and breaker views. While only the very best fixtures and fittings have been installed, the practical aspect of the layout and design is immediately evident.
The home offers an opulent bar, dining, kitchen, formal and informal lounge and entertainment spaces dominating the entrance level. The main suite is positioned on the same level along the entire northern wing of the home providing the luxury of space and unique bathroom courtyard.
On the lower ground floor you’ll find the four guest suites with a spacious lounge opening onto a private pool. Staff accommodation is provided for two staff members.
The property is packaged for sale with the neighbouring vacant and separately registered site measuring 1 634sqm of the total 4 754sqm. This allows for the development of a second home on this site.
To view this home, click here.
3. R150 million in Fresnaye
One of the top homes in the country, this Stefan Antoni-designed abode is set on a bigger-than-average plot of 1 479sqm with a level garden in Fresnaye, Cape Town. It has four bedroom suites and a stunning master suite. Other features include a dramatic glass floating, curved staircase, a study, fitness centre with a wet bar, sauna and tub, chef’s kitchen with German appliances, outdoor entertainment areas and a swimming pool, full home automation, multi-car garaging and more.
To view this home, click here.
4. R172.5 million in Clifton
This Stefan Antoni architectural masterpiece in Clifton, Cape Town, boasts every luxury available. Enjoy the breathtaking double-volume entertainment space, the perfect arena for both extravagant functions and intimate family reunions alike. The home has a lush Zen-like garden, located against the mountain backdrop, and a private pool deck overlooking the Clifton Bay.
Special features include rim-flow pool, mountain garden, cinema room, gym, elevator access to all floors and much more.
To view this home, click here.
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