This Home In Fresnaye Cape Town Is Selling For R 19 950 000!

This Home In Fresnaye Cape Town Is Selling For R 19 950 000! De Wet Road is known as one of the most sought after addresses in South Africa. This magnificent property is located on the ocean side of the road and has a generous footprint. The owner of this property has split the home into two separate dwellings. The upper level has been completely remodelled into a fully equipped 3 bedroom modern ‘apartment styled’ home. The purpose of this was for the owner to take advantage of the attractive Airbnb rentals Cape Town has shown to yield.

The lower level is where the true value of this property can be unlocked. This level has been left un-renovated and is where a new owner can come and make their mark on this incredible property. This level consists of a further 3 bedrooms, lounge, kitchen and dining room. This level leads out onto the spacious garden area which includes a swimming pool and deck with views over the entire Atlantic Seaboard. This level also contains a large stand alone flatlet.

This property has been priced well and is a very rare opportunity to acquire a property with such an impressive address. Fresnaye is one of Cape Town’s most affluent suburbs, situated between Signal Hill and Sea Point, a few kilometres to the west of Cape Town’s Central Business District (CBD).

Fresnaye was originally an Estate of 200 acres, acquired in the early 1800s, and belonging to Ryk Le Sueur, a barrister, and French aristocrat from Bayeux in Normandy and descendant of the French Huguenots. The original name was Winterslust, and the farmhouse was at that time, the only building on the mountain slopes, other than Heeren Huis near Bantry Bay, built in 1776. Fresnaye was set in vineyards and orchards, and referred to as “A Garden of Eden” at the time. The suburbs street names reflect its French heritage to this day.

This home is listed by James Carney on Property24.

By Thomas Chiothamisi

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