Our Client from Tokyo contacted us to source him an Investment Holiday Home Cape Town, he wanted privacy, a real sense of nature, modern with plenty of light. A property that he could use for his vacations as well as renting out, high capital appreciation over a period of 10 years and good rental return was also a necessity.
With a strong demand for private estate living we had to draw on an expansive range of contacts to source this beautiful home in Hout Bay on the Atlantic Seaboard. Ensuring that our client was buying a home which would be in strong demand from tenants meant that the Private Estate route was the way to go.
This property has three en-suite bedrooms, wine cellar, office, tv room, double volume open space, a large deck with swimming pool and parking for eight vehicles. There is also an added bonus of a 90sqm separate cottage. All sitting on over 4,000 sqm of land which is rare in an estate like this.
Distant views of the bay and 360 degree views of the surrounding mountains add to this magical location. Located at the top of the estate with Table Mountain as the backdrop.
We expect the property to achieve a rental of 50-60k a month, Space are retained to sourced tenants and also to manage the property for our client.
We also secured a discount of 1.95 million rand off the asking price for this superb Investment Holiday Home Cape Town.