Bantry Bay, Cape Town, South Africa

Cape Town, Western Cape 8005

South Africa

A Sumptuous Retreat On The Water's Edge

All rooms flow onto private pool deck with unobstructed ocean views in this 24-hour security complex. The apartment offers three bedroom suites, (all en-suite) as well as an additional guest cloakroom. One of only 16 apartments in the most exclusive and sought-after development in wind-free Bantry Bay.

The apartment boasts fluid form and faultless functionality. Additional separate scullery/laundry room as well as store room. Includes tandem parking for two vehicles in secure basement parking garage.

For investors, the potential is a 4% yield a.a.. Currently, the apartment is rented on a sale notice and producing a 2.6% a.a. yield.

Bantry Bay is an affluent suburb of Cape Town situated on the slopes of Lion's Head and overlooking a rocky coastline, Western Cape Province, South Africa. Its neighboring suburbs are Sea Point and Clifton. It was originally called Botany Bay after a botanical garden that was planted here for the cultivation of medicinal herbs.

It is overlooked by Lion's Head, which is an eroded outlier of sandstone. There is a plaque on the seashore that commemorates a visit by Charles Darwin, who made important geological observations here relating to the nature and origin of granite.

Bantry Bay is known to be the most wind-free area in Cape Town. Secluded & protected, this area gets about 290 wind free days per year - a significant fact given Cape Town's windy climate. Along with its neighboring suburbs, Bantry Bay is a very popular residential area, great for investing in first or second homes and apartments. Several global CEOs own properties in the development.

• 3 Bedrooms
• Security
• 3.5 Bathrooms
• 300m2 Floor Size
• 2 Carports/Parkings
• Swimming Pool
• Reduced Asking Price: R29,500,000
• Monthly Rates R12,500.00
• Monthly Levy R13,800.00