Live like a king! SA’s wealthiest are investing in penthouses

Have you ever wondered what type of properties the wealthiest South Africans are investing in? According to BusinessTech, the rich and famous favour penthouses above any other home. And who can blame them?

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ONLY PENTHOUSES ARE GOOD ENOUGH FOR SA’A RICH AND FAMOUS 

Private pools, state-of-the-art security, and even private lifts. In an interview with BusinessTech, Alex Horne, managing director of Dogon Group Properties, revealed that the movers and shakers in South Africa prefer living in penthouses.

“Added to this is privacy as penthouses are quieter than other apartments because they are further from the street noise below and never come with upstairs neighbours,” Horne said. Plus, penthouses are considered the ultimate and most exclusive lavish trophy homes.

Here’s a look at some luxury penthouse apartments available across South Africa:

CAPE TOWN

Wowzer! When it comes to luxury living, it doesn’t get better than this gorgeous penthouse apartment overlooking the V & A Waterfront Marina. On the market for R40 million, this magnificent property listed by JamesEdition has breathtaking 360-degree views of Table Mountain, the Silo district, and the exclusive Marina.

The real estate agency says the apartment has direct lift access and extends over three levels. The property boasts a gourmet eat-in kitchen, three bedrooms, a sweeping staircase leading to a study area, and a walk-out onto the rooftop swimming pool.

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PRETORIA

Located in the vibey Menlyn area, this two-bedroom penthouse apartment is selling for a mere R10 million. As per Pam Golding, the apartment has its own terrace and panoramic views. The property is reportedly part of the Luxury Penthouse Collection, which consists of 16 penthouse apartments surrounded by a 4000 sqm stunning park with sculptures and water features.

The development boasts a rooftop pool and garden terrace with a sunset bar, concierge reception, secure parking, private meeting rooms, children’s daycare, staff- and store rooms.

KZN

Are you looking for a penthouse with a view? This luxurious apartment in Umhlanga Ridge will set you back R9.5 million and boasts views for days. As per Tyson Properties, the apartment has three en-suite bedrooms, an open-plan lounge, a dining area, and a gourmet kitchen with a separate scullery. The property also has a large balcony, a study, five garages, a staff room, and 24-hour security.

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