[imagesource: IOL Property]
Sjoe, everyone.
What a sweet sense of relief.
Here I was thinking it was going to be a week of worrying about when load shedding would rear its ugly head again, but we can now all rest easy because they flogged that R160 million whopper in Clifton.
In case you’re out of the loop, Obsidian, a completely off-the-grid home in Clifton, has finally been sold. IOL below:
It was designed by leading South African architecture firm, SAOTA as a granite and glass-designed masterpiece and was on the market for R160 million…
The house had been on the market over the hard lockdowns of 2020 and 2021, and its sale now – by the family who almost immediately fell in love with it and put in an offer – is a “clear indication that the world and the market is opening up”.
The house was sold to a family from Europe that, according to realtor Karryn Cartoulis, loved the five-levelled, luxury villa, set high up in Clifton on the slopes of Lion’s Head.
The property was designed to blend in with the mountain and maximise the magnificent views of the 12 Apostles mountain range, Lion’s Head, and the Atlantic Ocean, states the listing.
Two more snaps and we move along:
All levels of the house are connected via a sculptural timber staircase, “like a folded ribbon that, appropriate to the home’s design narrative, gradually lightens in tone as it rises”.
The uppermost level, the master bedroom, sits above the tree-tops and as such the materials – white marble, pale timber – and use of skylights “express a feeling of air and openness while fold-away glass walls welcome in the full expanse of the view”.
All the trimmings, of course.
If you’re bleak you missed out on your chance to own premium Clifton property, fear not.
Cartoulis is also marketing a R230 million home in the area. It’s a gem, as you might imagine at that price point.
Cape Town’s trophy homes, on the whole, are proving very popular to buyers from further afield.
Business Insider SA notes that homes valued at more than R20 million are being snapped up, often by buyers from Gauteng:
Around 80% of these trophy home sales have been concluded in the suburbs of the Atlantic Seaboard, especially Camps Bay, Clifton, Bantry Bay, Fresnaye, and at the Waterfront…
And while “The Aurum” apartment was picked up by a German buyer [for R72 million], all of the last eight home sales on the Atlantic Seaboard were to buyers from Gauteng. Seeff told Business Insider SA that “Gauteng buyers have picked up notably over the last 5 months” and accounted for 16% of sales in 2022 so far, up on years prior.
Semigration appears to be on the up and up.
Expect to see plenty of awful tattoos on our beaches as summer rolls around.
[sources:iol&businsidersa]
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