R230 million penthouse and villa combo development in Clifton

Marion Taylor Properties are advertising a villa and penthouse for sale for R230 million. Picture: Marion Taylor Properties

Marion Taylor Properties are advertising a villa and penthouse for sale for R230 million. Picture: Marion Taylor Properties

Published Jul 13, 2024

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Cape Town - A 20-year bond with a repayment of just over R2.4 million a month could secure you a villa and penthouse located on one property with a price tag of R230m. It has seven bedrooms and was designed by internationally acclaimed architects.

Providing a slice of paradise and a somewhat Hollywood feeling, the house in Clifton, which is being sold by Marion Taylor Properties, will leave you gobsmacked.

According to their website, Marion Taylor Properties, this property has global standards with an exceptional design.

The freehold villa and penthouse combo boasts seven bedrooms, eight garages, a pool, seven bathrooms and a plot of 751m².

It overlooks the breathtaking sights of Camps Bay, Clifton and Table Mountain.

“For those looking to acquire a piece of paradise, the opportunity exists to secure the entire property, or either the penthouse or the Garden Villa. With easy access to world-famous beaches, Table Mountain National Park, and the vibrant nightlife and restaurants of the area, this exclusive investment opportunity is truly one of a kind,” they said.

Marion Taylor Properties are advertising a villa and penthouse for sale for R230 million. Picture: Marion Taylor Properties

And what makes the property more exceptional is that its owner will be the first inhabitant, as development could take up to 18 months and include the personal taste of the new owner.

The interior of the villa is spacious with 635m² and has an open-plan theme in the living room, with elegant wood panelling and a waterfall feature when you enter the villa.

Marion Taylor Properties are advertising a villa and penthouse for sale for R230 million. Picture: Marion Taylor Properties

It also sports a private entertainment section and large swimming pool to create a serene setting.

The second dwelling is a penthouse with an interior space of 504m² and offers a butterfly roof and a spacious terrace with an infinity pool, according to their website.

Marion Taylor Properties indicates that the bond cost will be just over R2.4m a month.

According to Businesstech, the estate agency has a remarkable market share in the Atlantic Seaboard real estate market.

They said according to Engel & Völkers, between 12 and 15 apartments a year sell in Clifton.

Weekend Argus

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