28 Nov 2012
The Atlantic Seaboard personifies luxury and continues to be popular with both wealthy South African and foreign buyers alike. Bantry Bay is one of the more prestigious suburbs in the area and has seen five sales of over R15 million plus to date this year.
“There is movement in the luxury market, and the elite Bantry Bay area is one of the more popular suburbs, together with Clifton, Fresnaye and Camps Bay,” says Francois Venter, Director of Jawitz Properties.
Now, a new property has come onto the market in Ravine Road, Bantry Bay. In a class of its own, it is one of only a handful of properties currently on the Atlantic Seaboard market priced at over R50 million. This property stands out from others in the same street, offering vast, versatile space for a price tag of R55 million.
Comprising five generous stories of sleek, modern space, the house is three times the size of the average home in the area. “Ravine Road is safe and quiet, and in one of Cape Town’s finest enclaves,” Venter says.
An entertainer’s dream, the home has room for as many as 150 guests to mingle comfortably on the top floor alone. The erf totals 815m2, while the layout of the house has maximised the space ingeniously, with a total floor space of 1 487m2. The top floor, in addition to its spacious entertainment area of 250m2, balcony of 53m2 and rim-flow pool of 21m2 overlooking breathtakingly beautiful views of the Atlantic Ocean, has two bathrooms, a kitchen with a walk-in fridge, an extensive bar and scullery facilities.
The lower levels offer an abundance of stylish living space and, says Venter, the home is unique in that it has eight bedrooms in total offering completely adaptable accommodation.
The second floor from the top has a large study area and four bedrooms, each with their own en suite, two bedrooms of which are ocean-facing and have their own balconies. The third level from the top is a self-contained apartment with two-bedrooms at 255m2, with a second pool of 18m2 and private balcony of 142m2. The mezzanine level below offers another two bedroom self-contained apartment.
Additionally, the property has storage space, staff quarters, a sheltered garden with lawn, herb garden, private elevator (as well as stairs throughout for the more energetic), and garaging for up to eight cars – an unheard-of luxury in this part of town.
Bantry Bay is also one of the only addresses in the area that provides a wind-free zone during the Mother City’s feisty Cape Doctor south-easter spells.
“The future owners will be able to put their own stamp on this glorious piece of prime real estate, and enjoy a blissfully peaceful, coastal lifestyle,” Venter says.
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