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.


Property

Website:https://www.nestseekers.com/1634306
Address:
Bantry Bay, Cape Town, South Africa
Cape Town, Western Cape 8005
South Africa
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
($1,783,500)
(€1,682,547.17)

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

Contact

Rubens Brotto
Managing Director - Super Prime Division
505 Park Ave, NY NY 10022

 Victoria Rd, Clifton, Cape Town, 8005, South Africa