The advertised purchase price of R39,100,000 is inclusive of VAT. As VAT is applicable to the transaction, no transfer duty is payable.
Purchase price excluding VAT: R34,000,000.
Tucked away at the end of a tranquil cul-de-sac about 400 metres from Camps Bay Beach and the restaurants, cafes and lifestyle of the Camps Bay strip, Lions View is an architecturally designed property offering an exceptional combination of lifestyle, versatility and proven income potential.
Purpose-designed as a luxury guest villa by acclaimed South African architect Greg Wright, the property has been conceived around clean architectural lines, generous proportions and effortless indoor-outdoor living, with its position framing views towards Lions Head, the Twelve Apostles and Camps Bay.
The property comprises two distinct living components, allowing it to function as one substantial residence or as separate, independently operated homes.
The main residence offers expansive living and entertainment areas flowing onto landscaped outdoor spaces and a solar-heated rim flow swimming pool. A Japanese koi pond and footbridge create a memorable entrance, while open-plan living spaces, generous accommodation and established gardens give the home a sense of privacy and tranquillity seldom found this close to the beachfront.
Positioned separately is the self contained two bedroom penthouse, complete with its own entrance, open plan kitchen and living area, balcony and private solar heated plunge pool. It can operate independently from the main residence, creating significant flexibility for extended family, guests, multigenerational living or a separate premium short term rental.
It is this versatility that sets Lions View apart. The property can be enjoyed as a private Camps Bay residence, operated as an established luxury accommodation business, configured for dual living, or used as a combination of personal residence and income producing asset.
Lions View has an established short term rental history and currently generates approximately R2,500,000 per annum in gross short term rental booking income, providing a meaningful revenue stream while retaining the lifestyle benefits of owning one of Camps Bays most uniquely positioned residences.
Additional features include backup power, two solar-heated swimming pools, multiple entertainment terraces, two kitchens, air conditioning, underfloor heating in selected areas, gas fireplaces, high-speed fibre and security.