Property News


Strong demand for vacant land on the Atlantic Seaboard, rare Nettleton Road (Clifton) tract of land on the market for R160 million
Nov 10, 2014
What is arguably the prime piece of residential land, two adjacent plots in Nettleton Road, the country's most sought-after and valuable street, is on the market. The land comprises of two plots of 1.900sqm and 1.912sqm respectively, positioned high up in the suburb that sits against the slopes of Lion's Head with magnificent views over the Atlantic Ocean, says Seeff agent, Lance Cohen.
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Bishopscourt sheds its recession hangover, year-on-year sales up by more than double
Nov 10, 2014
Amidst a general upturn in the Cape residential market, Bishopscourt has seen its sales volumes and value more than double year-on-year on the back of strong demand and stock shortages in this premier neighbourhood of the Southern Suburbs. That is the word from Ingrid McFarlane, Seeff's agent for the suburb.
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Tribute to Andy Todd, a great leader and innovator of the Southern Suburbs property market
Oct 29, 2014
The passing of Andy (Andrew John) Todd, Seeff's managing director for the Southern Suburbs area, on the 8th October, is an immense loss to the Cape property market, said chairman of the group, Samuel Seeff during a memorial service held at Wynberg Boys' High School where Todd was once a teacher.
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Cape Whale Coast property market heads out of recession as buyers return
Oct 28, 2014
The Cape Whale Coast that stretches from the Hangklip-Kleinmond and Hermanus area nearest to Cape Town down to the Witsand and Still Bay on the south coast is finally shedding its recession hangover according to Seeff's branches across the area. Agents report that residential, holiday and even investment buyers have made a return to the market with sales activity now at the best levels in over five years.
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Strong demand for student housing, but transport and convenient amenities vital considerations for buy-to-let investors
Oct 28, 2014
It is that time of year when parents start the mad scramble to secure accommodation for their children for the new year when they start their tertiary studies. It is widely acknowledged that there is a shortage of student housing, but before investing in buy-to-let property to cater for this sector of the market, be sure that it ticks all the right boxes of prerequisites for a good investment. That is the word from Seeff's agents in two of the city's tertiary educational catchment areas, the Southern Suburbs and city centre.
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Rise of the R50 million-plus home on the back of buoyant demand in trophy home locations
Oct 28, 2014
While the news on the economic front remains rather uninspiring, the property market has done somewhat of an about turn since early last year, says Ian Slot, Seeff's managing director for the Atlantic Seaboard and City Bowl areas.
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Valley of plenty, historic Paarl offers picturesque location, wide lifestyle appeal and choice of property
Oct 28, 2014
With a picturesque location, enviable country lifestyle and wide selection of property options, Paarl is an excellent choice that appeals across a wide spectrum of buyers according to Seeff's managing director for the area, Pierre Germishuys. From residential to weekend home buyers and even European ‘swallows', there is something to suit every lifestyle and, with apartments selling for around R540,000 on average and homes for around R1,2 million is also still affordable.
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Rare 1700s working wine, fruit and guest farm Morgansvlei, Tulbagh on the market for R22 million
Oct 28, 2014
One of the oldest and most sought-after farms of the Cape Winelands has come onto the market. The beautiful 61ha Morgansvlei Country Estate in Tulbagh is one of the original farms in the area and home to one of the older chapels in the valley.
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Steve Hofmeyr’s rare 3.000sqm West Coast beach front property on the market for R20 million
Oct 28, 2014
A rare, 3.000sqm beach front property, located on a small peninsula in the unspoilt West Coast village of Jacobsbaai, just outside Saldanha is on the market for R20 million. Named, Weskusplek, the property is co-owned by Afrikaans musician, Steve Hofmeyr.
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Clifton property firmly back on top as sales reach pre-boom levels and prices soar
Oct 28, 2014
Amidst a general upturn in the market, the country's most exclusive suburb, Clifton, is firmly back on top as sales once again reach pre-boom levels and prices soar, according to Seeff's luxury market specialist, Lance Cohen. As we head into the busy summer months especially for holiday home and foreign buyers, the agent expects demand to strengthen further, but with so little new stock coming on to the market, sellers would need to hurry or they may just miss a perfect sales window, he adds.
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