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  • Vacant Cape City Bowl Plots Set New Record [Video]

    08 Feb 2022 by Jasmine Stone in Cape Town, Lifestyle, Property, South Africa, Video
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    [imagesource: YouTube / Seeff]

    Look at that proximity to Lion’s Head – not too shabby, hey? You might even beat the morning athleisurewear crowd if you get out of bed early enough.

    Sorry, there will still be someone who insists on playing music from their phone during your ascent.

    Like most pieces of sought-after property, you’ll have to fork over top dollar to call The Ridge Estate home.

    In fact, three of the vacant lots have just set a new Cape City Bowl record after they were sold for more than R16,5 million a pop.

    According to Business Insider SA, the previous record for a vacant lot in the City Bowl was R13 million.

    I know we said yesterday that Silverhust Estate is swanky, and it is, but The Ridge is aiming to go one better.

    This via the official website:

    Located on the upper slopes of Lions Head, with unrivalled views of the bay, the city and Cape Town’s iconic Table Mountain, The Ridge Estate consists of 25 residential plots in a secure, tranquil sanctuary above one of the world’s most beautiful cities. The Ridge Estate comprises two unique residential housing estates: The Ridge Estate Villas, and The Ridge Estate Residences. There are 7 plots in The Villas, and The Residences consist of 18 plots.

    Image: The Ridge Estate

    Buyers are free to design their dream homes in the accordance with our architectural guidelines which aim to ensure cohesion and harmony within the estate; while also being sensitive to both the built and natural environment in which the estate is located.

    The first promo video was rolled out in 2020:

    Since then, basic infrastructure has been laid at the estate and building is expected to commence in June.

    You can see the work done thus far in a more recent promo video:

    The remaining vacant plots will set you back at least R12 million, and prices for a plot with a house on it extend past the R30 million mark.

    Your neighbours won’t be poor.

    On The Ridge Estate’s site, you can have a look at the concept drawings from architectural firms SAOTA, Jaco Botha, Darryl Croome Architects, and more.

    Here are Jaco Botha Architects’ plans for a few of The Ridge Residences:

    Must be nice.

    [sources:businsidersa&ridgeestate]

    • ← Nun’s Gambling Addiction Finally Catches Up With Her
    • Buying Low And Selling High? Maybe You’re Doing It Wrong… →
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