Constantia - Five Bedroom House Adjoining Groot Constantia Vineyard.
Asking Price ZAR 28.8 Million.
Large 1000m2 home on an acre of land in the heart of leafy Constantia, in southern suburbs of Cape Town. This home has 5 bedrooms, 6 bathrooms, 5 reception rooms, a cinema room, a designated gym, totally separate guest flat/cottage, a wine cellar and a six car garage surrounded by idyllic landscaped gardens with running fountains and streams throughout. It has direct access to the world-famous Groot Constantia Vineyard, South Africa's oldest wine producing farm, which dates back over 320 years.
Our returning British client had very specific criteria when it comes to their new home. It had to have plenty of space for his family, all "mod cons", top end finishes, great security and a great location. They were in no rush to buy and were prepared to wait for the right property.
We spent almost a year searching the Southern Suburbs of Cape Town including the prestigious areas of Upper Constantia and Bishopscourt but could not find anything that would meet our clients high standards which was not completely overpriced. Many homes are not professionally valued and sit on the market for many years because the price tag is simply not market related, so we had to keep searching until we found that jewel that we felt not only matched the client's brief, but one which could be bought for the right price.
We viewed almost 35 houses showing our client 8 of these properties, it was the last one we viewed that stole the show. Built only 4 years ago by an owner with extremely high standards, this stunning home fitted the brief perfectly. We revisited the property 2 more times to make sure that it was the right house, and even brought in our surveyor who said that the house was extremely well built and finished to an excellent standard, which is not always the case with build quality being a big issue here in Cape Town.
Following some serious, in-depth negotiations, we finally secured the property for 23.5 million rand, a saving of 5 million rand off the asking price.