Now entering the season when the notorious ‘Cape Doctor’ or Southeaster blows along the coastline, homeowners and residents in the exclusive, private enclave of Bantry Bay on Cape Town’s prime Atlantic Seaboard can bask in the welcome sunshine – protected from the strong winds due to its strategic location.
“Location is always key, but here it carries significant benefits as the suburb comprises a mostly north-facing aspect which is most sought-after and exceptional as the Atlantic coastline tends to be west-facing. No wonder this tranquil, upmarket area is always in high demand among affluent home buyers, creating an ongoing shortage of available stock,” says Basil Moraitis, regional head for Pam Golding Properties in the Western Cape. “There is excellent interest in the area at all levels and very little stock available at present.”
Situated on the slopes of Lion’s Head and Table Mountain Nature Reserve with its mountain trails, and close to the beaches of Clifton and Camps Bay, the vibrant nightlife in Sea Point, the world-class restaurants and retail in the V&A Waterfront precinct, and the central city, Bantry Bay residential properties are understandably very tightly held and seldom come onto the market.
Says Moraitis: “Being in perennially high demand with very limited listings makes the area the coveted enclave it is and home to many celebrities and captains of industry, as well as the exclusive, award-winning Ellerman House boutique hotel located in the heart of this world-renowned suburb.
“With a single access road, this peaceful, high-end suburb with spectacular and mostly uninterrupted ocean views comprises some of the region’s – and South Africa’s – most exclusive, stylish and expansive residences, which can achieve prices upwards of R50m to R75m plus. Homes which do come onto the market elicit high interest from the affluent set in the Western Cape and other provinces such as KwaZulu-Natal – and with particularly keen interest from Gauteng and international buyers.
“Such is the desirability of Bantry Bay as a residential destination that in recent years several homes have been demolished in locations such as Victoria and Kloof Roads to make way for luxurious, modern mansions.”
Issued by: Gaye de Villiers on behalf of Pam Golding Properties
