Hout Bay - A Place to Retire
Asking price : 5.95 million ZAR.
Three bedroom family home plus totally separate one bedroom, self-contained flatlet, on the mountainside overlooking Hout Bay Beach.
We were contacted to source a home for a UK family who are planning to retire to Cape Town in the future. In the immediate term, the client would use the property as a holiday home for him and his immediate and extended family.
The chosen property is set high up on the mountain side within half a km to the main beach in Hout Bay and Chapman’s Peak drive, a world famous drive along the coast down into Nordhooek. This house offered the best position giving panoramic sea views, along with wrap around balconies, four bedrooms and three bathrooms and spacious open plan living areas. There is a pool and large, indigenous garden (the property sits on a quarter of an acre) giving entertaining space at the rear (a small courtyard with space for dining and a BBQ) and the front. The main living area is on the top floor with a middle level offering a separate suite with bedroom, bathroom, small lounge and kitchenette. Ideal for visiting family. On the lower level is a double garage with on site parking for up to 4 additional vehicles.
The asking price of the house was originally 5.95 million ZAR. When the client gave us his brief, the property was being re-listed at 5.45 so we knew that the seller was very serious about selling his home, giving us a great opportunity, after extensive negotiaton, to get an excellent saving of a further 11% off the reduced asking price.
Space have since project managed a number of home improvements to the property whilst the owner has been away to upgrade the interior of the home to the owner’s requirements. Space also now manage the property whilst the owner is out of the country.