Bantry Bay, Cape Town, South Africa
Cape Town, Western Cape 8005
South Africa

CO-BROKE

Property

Ownership: For Sale
Type: Apartment
Bedrooms: 3 BR
Bathrooms: 4
Pets: Pets Unknown
Area: 300M² (3229.0 sq ft)
Price Qualifier: Default
Council Tax Band: TBC

Financials

Price: £1,450,000
($1,812,500)
(€1,693,925.23)
Rubens Brotto
Managing Director - Super Prime Division
505 Park Ave, NY NY 10022

Description

A Sumptuous Retreat On The Water's Edge

All rooms flow onto private pool deck with unobstructed ocean views in this 24-hour security complex. The apartment offers three bedroom suites, (all en-suite) as well as an additional guest cloakroom. One of only 16 apartments in the most exclusive and sought-after development in wind-free Bantry Bay.

The apartment boasts fluid form and faultless functionality. Additional separate scullery/laundry room as well as store room. Includes tandem parking for two vehicles in secure basement parking garage.

For investors, the potential is a 4% yield a.a.. Currently, the apartment is rented on a sale notice and producing a 2.6% a.a. yield.

Bantry Bay is an affluent suburb of Cape Town situated on the slopes of Lion's Head and overlooking a rocky coastline, Western Cape Province, South Africa. Its neighboring suburbs are Sea Point and Clifton. It was originally called Botany Bay after a botanical garden that was planted here for the cultivation of medicinal herbs.

It is overlooked by Lion's Head, which is an eroded outlier of sandstone. There is a plaque on the seashore that commemorates a visit by Charles Darwin, who made important geological observations here relating to the nature and origin of granite.

Bantry Bay is known to be the most wind-free area in Cape Town. Secluded & protected, this area gets about 290 wind free days per year - a significant fact given Cape Town's windy climate. Along with its neighboring suburbs, Bantry Bay is a very popular residential area, great for investing in first or second homes and apartments. Several global CEOs own properties in the development.

  • 3 Bedrooms
  • Security
  • 3.5 Bathrooms
  • 300m2 Floor Size
  • 2 Carports/Parkings
  • Swimming Pool
  • Reduced Asking Price: R29,500,000
  • Monthly Rates R12,500.00
  • Monthly Levy R13,800.00
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Amenities

  • 24/7 Concierge
  • 24/7 Security Cameras & Guards
  • 2 Car Parking with private elevator
  • Private Swimming Pool
  • Sensationally Renovated
  • Sought After Development

Exposures

  • North
  • West
Sold

Private, luxurious and tranquil, this secure property offers excellent entertainment spaces maximizing it's indoor/outdoor living onto a spacious, private terrace with lap pool.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.