These super luxury houses with enormous price tags will induce some serious house envy.
A recent study by property group Seeff, based on data from Lightstone and Propstats for the period 2011/2 to 2016/7 revealed that Cape Town is home to nine of the ten richest suburbs in South Africa. Only one suburb in Gauteng, Sandhurst, cracked the top 10 on the list.
The top 10 most expensive suburbs in the country by average selling price:
10. 5-bedroom house in Sandhurst, R80 000 000
The breath-taking home is set on a huge piece of the prime real estate in upmarket Sandhurst. Located just two kilometres away from the Sandton CBD, this majestic home enjoys panoramic views of Sandton’s leafy suburbs. Set over four storeys, this home was designed by renowned architect Jeremy Williams of MWLF and took over four years to complete. This home has been designed to seamlessly integrate the luxurious inside with the manicured gardens outside. It’s an entertainer’s dream with formal and informal lounge, illuminated wine cellar & cigar lounge as well as formal and informal dining and breakfast areas. The 5 bedrooms have been luxuriously appointed and the main bedroom has epic views over the landscaped gardens and surrounding neighbourhood.
Monthly bond repayment, with a 10% deposit is R706 783