10 of the most expensive properties in South Africa

Private Property South Africa
Jackie Gray-Parker

Take a look at ten of the most eye-wateringly expensive properties in South Africa, according to Private Property.

According to a recent report released by AfrAsia Bank and New World Health, Johannesburg plays host to the majority of Africa’s dollar millionaires.

The numbers are up on previous reports. In June it was estimated that there were around 163 000 millionaires living in Africa, up from 66 000 in 2000. Collectively, these high net worth individuals hold a combined wealth of $670bn.

South Africa is reportedly currently home to 46 800 millionaires or 30 percent of Africa’s top earners. Of that, 23 000 millionaires call Johannesburg home. It’s anticipated that this number will grow to 32 000 over the next ten years. Cape Town came in at number four while Durban and Pretoria were ranked 7th and 8th respectively.

The incredible uptick in earnings has been attributed to Africa’s growth as a strong emerging economic player which has yielded opportunities aplenty for savvy investors and developers across various segments.

Of course with such wealth comes the urge to spend and what better way to splurge than on a super-exclusive home? South Africa has no shortage of just such homes as evidenced by Private Property’s top 10 current most expensive properties. Only the super-wealthy need apply!

Number 1: Fresnaye: R200 000 000

Enter Alt Tag Here

Yup, you read it correctly. R200 000 000. That’s a lot of zeroes. At R200 000 000, this property tops Private Property’s list. This four bedroom house has its own olive grove, a large rim flow pool, a media room, a private formal lounge, a butler’s kitchen, a home theatre and restaurant (yes, restaurant) a bar and steam room, amongst other features. So, if you can afford a monthly repayment of just R1, 6m and rates of R10 000pm, this house could be yours!

View this Fresnaye property

Number 2: Clifton: R139 000 000

Enter Alt Tag Here

At just R139 000 000, this property is positively a bargain! Designed by Stefan Antoni, this “palatial” home comprises seven – yes - seven floors. Features include, amongst others, six bedrooms and bathrooms, two dining areas (one with a mountain view, the other with an ocean view, of course) three lounges, a library, a kitchen, a nine seater cinema, a wine cellar, an office, a gym, a private steam room and an infinity pool.

View this Clifton property

Number 3: Fresnaye: R110 000 000

Enter Alt Tag Here

Fresnaye cracks the top spots again with this “rare gem.” State of the art facilities come standard with this “modernist masterpiece” which features five bedrooms spread out over three levels. Additional ‘wow’ features include, amongst others, three fireplaces, a lounge, a custom bar and gourmet kitchen, a cinema, a gym and lift. Oh and bragging rights. The house comes with bragging rights.

View this Fresnaye property

Number 4: Bishopscourt: R88 500 000

Enter Alt Tag Here

This gentleman’s estate in Bishopscourt falls into the ‘under R100 000 000’ bracket. It may not be the most modern home but what it lacks in mod cons, it makes up in genteel country living, landscaped gardens and “unsurpassed mountain views”.

View this Bishopscourt property

Number 5: Clifton: R85 000 000

Enter Alt Tag Here

Those seeking a statement address should look no further. This “exquisite” architecturally designed Clifton property is the stuff of dreams. Nestled along the slopes of the Lion’s Head, this spectacular, all-white property offers gorgeous views of the Twelve Apostles, the Atlantic Ocean and the famous white beaches of Clifton and Camps Bay. Luxury features include a wine cellar, a walk-in laundry, an elevator, air-conditioning, underfloor heating, gas fireplaces, a back-up generator and a beautiful internal courtyard. Even the bathrooms have chandeliers!

View this Clifton property

Number 6: Constantia: R85 000 000

Enter Alt Tag Here

If the minimalist, industrial look is your thing, this property in Constantia will be right up your alley – for a hefty price of course. The property sits astride a whopping 8804sqm’s over which four bedrooms, five bathrooms, two garages, two lounges, a pool and staff quarters are spread out. Wall to floor glass windows and doors frame the stunning views.

View this Constantia property

Number 7: Hoedspruit: R80 000 000

Enter Alt Tag Here

An upmarket game breeding farm comes in at number seven. The residential portion of the property features three camps which collectively comprise 18 bedrooms, 18 bathrooms, five dining areas, a flatlet, five lounges, a pool and staff quarters. The asking price includes the game which is estimated to be worth in excess of R30m. All the farms, lodges, related equipment, vehicles, furniture, fittings and bedding is also included in the sale.

View this Hoedspruit property

Number 8: Knysna Central: R78 000 000

Enter Alt Tag Here

Knysna cracks the top 10 list with this “grand dame”. In addition to a show-stopping reception area, this property offers a number of stand-out features including a billiards room, a wine cellar, “dining areas to accommodate all moods”, an indoor/outdoor swimming pool, a gym, private boat access and scope for your own private vineyard. House wine anyone?

View this Knysna Central property

Number 9: Clifton: R75 000 000

Enter Alt Tag Here

This is a statement home if ever there was one. In addition to the usual bedroom and bathroom complement, this outstanding, bespoke property features a wine cellar, a pizza oven, a heated pool, automated blinds, fireplaces and an integrated sound system. The finishes are to die for and with bond repayments set at just R629 189pm, it’s positively affordable!

View this Clifton property

Number 10: Sandhurst: R68 400 000

Enter Alt Tag Here

This grand, sprawling estate offers upmarket living at its finest. Stand-out features include garaging for six cars with a showroom floor (of course) guest parking for 20 cars, five en-suite bedrooms, a Samsung PABX system, a bar and cigar bar with smoke extractors, a large outdoor patio with gas barbecue, chef’s kitchens (plural), a summerhouse gazebo, a restaurant, a pizza oven, a wine cellar…you get the picture.

View this Sandhurst property

Looking to sell your home?
Advertise your property to millions of interested buyers by listing with Private Property now!
List your home privately

Tagged In:

Dream Homes Area Info

Share:

Found this content useful?

Get the best of Private Property's latest news and advice delivered straight to your inbox each week

Related Articles

Could Atlantic Seaboard rentals hit R200 000 p/m soon?
Considering that Zimbali (KZN, Dolphin Coast) has hit R100 000/month and the Atlantic Seaboard is already at around R170 000/month, then the R200 000/month mark does not seem too farfetched.
10 of the most expensive houses in South Africa
These super luxury houses with enormous price tags will induce some serious house envy.
Streets where the average home costs R20m+
Where only a handful of sales topped the R20M price mark five years ago, there are today no less than 22 of the country’s residential streets where this is now the average sales price.

Explore neighbourhoods mentioned in this article

Atlantic Seaboard
Beautiful views, beautiful people
Living in the Atlantic Seaboard is the perfect culmination of all things great. The Atlantic Seaboard is comfortably wrapped between the coastline and the mountains. It is an exclusive area with beautiful homes on the mountain, allowing for incredible sea views. Waking up to the fresh smell of the ocean and going for a run along the promenade is standard practice among residents in these areas. It is close to the city centre, with easy access to the national highways, and right on the beachfront.
Cape Town Southern Suburbs
Affluent Village Feel
The Southern Suburbs make up some of the most popular residential areas in Cape Town. With large plots of land and roomy homes, the area attracts a fairly affluent crowd. The suburbs in the area include Rondebosch, Claremont, Plumstead, Ottery, Wynberg, Newlands, Constantia and Bishopscourt, Pinelands, Observatory, Tokai, Bergvliet, Kenilworth and Steenberg. Peaceful, quiet and leafy, the Southern Suburbs are seen by many as the perfect place to bring up children.
Sandton
Work hard, play hard...then relax
Sandton is a vibrant, modern neighbourhood that contains the richest square mile in Africa. It is the business gateway into Africa for many large corporations and attracts thousands of ambitious people seeking their fortunes. But Sandton is not just about big business, residents find plenty of time for leisure too. World class shopping centres, and a buzzing social scene are a huge hit with the young and young at heart. Perhaps surprisingly, there is a huge amount of green space in the area that residents take advantage of to exercise or just take a breather.
;