Property alert: What R5 million will buy you in Cape Town, Pretoria, Johannesburg and Durban
Looking for a home and have a budget of R5 million? Here’s a look at what you can get in Johannesburg, Pretoria, Durban and Cape Town. The lockdown saw many people locate to coastal towns all over South Africa, but more are returning to the hustle and bustle of city life. Here’s a look at […]
Looking for a home and have a budget of R5 million? Here’s a look at what you can get in Johannesburg, Pretoria, Durban and Cape Town.
The lockdown saw many people locate to coastal towns all over South Africa, but more are returning to the hustle and bustle of city life. Here’s a look at what a R5 million property looks like in the various major cities.
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R5 MILLION HOMES IN JOBURG, CAPE TOWN, DURBAN, AND PRETORIA
JOHANNESBURG
This three-bedroom home in The Gardens boasts a price tag of R4.9 million. It offers fully integrated indoor-outdoor living and is ideal for family living.
The newly renovated property boasts a cordon bleu kitchen with an integrated breakfast area and separate scullery or laundry. The main bedroom has a spacious en suite bathroom and a custom walk-through closet.
The property has multi-layered security, LED lighting, and a fireplace, while the inverter system offers off-the-grid living. There is a four-car garage and an en suite studio. The latter can be a home office, studio cottage, or staff suite. The home is perfect for entertaining and features an expansive, covered patio with views of the beautiful garden and swimming pool.
PRETORIA
For R4.5 million, you can get your hands on a four-bedroom house in Olympus, Pretoria. Situated in the prestigious Olympus Country Estate, Property24 describes the property as a true “family nest.”
The modern kitchen boasts a gas stove and a scullery accommodating four appliances. Multiple sitting areas and two entertainment spaces provide numerous entertainment options. The outside area features a built-in braai and a fireplace.
The heated pool is powered by solar, while the spacious yard offers endless outdoor activities and children’s play possibilities.
Apart from the kitchen and living areas, the ground floor has a guest toilet and a full bedroom with an en-suite bathroom.
Upstairs the three-bedroom home has a pajama lounge with a mini balcony boasting panoramic views of the picturesque Pretoria East skies. The main bedroom features a gorgeous walking-in closet and balcony. The house also has a one-bedroom, bathroom maid’s quarters.
Living in the estate means 24/7 surveillance and access to the estate’s gym, squash court, clubhouse, and dedicated play area for children, complete with a jungle gym.
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CAPE TOWN
For R5 million, you can own this beautiful two-bedroom apartment in the Cape Town city center. The home has two balconies with the most beautiful ocean and city views. It offers residents access to the recreation deck with a pool on the 27th level.
Residents of the 16 on Bree property also get access to the outdoor gym and the concierge desk security. The kitchen is equipped with Smeg appliances, the apartment has high-speed fiber internet, and according to Property24, the property has an excellent return on investment.
And did we mention the vehicle parking valet service?
DURBAN
And while R5 million can get you a lavish and very exclusive apartment in the Cape Town center, In Glenwood, Durban, you can get a four-bedroom house for R4.8 mil. Described as a “stylish contemporary home with views” by Pam Golding Properties, the property has exquisite views of the Durban harbour and surrounds.
The open-plan lounge and dining room lead into a gourmet-designed kitchen with granite tops, a SMEG oven, and a gas hob. The kitchen also has a separate scullery, laundry, and a linen and clothes storeroom. Leading off the kitchen is a reading room with a guest loo exiting the back garden and an enclosed Jacuzzi.
The main bedroom has a small balcony with its en-suite bathroom, walk-in dressing room, and private study. There is also a second bedroom with an en-suite bathroom on the upper level.
The lower level of the house comprises a kitchenette, lounge area, one bedroom with an en-suite bathroom, and two additional rooms that can be used as studies, offices, or even bathrooms. There is also one bedroom, one bathroom flatlet with a separate entrance and mini kitchen.
Which house is your FAVOURITE?
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