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R43,500,000

Monthly Bond Repayment R434,295.25
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

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Monthly Rates
R9,000

Exceptional Investment & Further Development Opportunity in Constantia Upper

On sought-after Price Drive, this property offers two freestanding homes on just under an acre, each with its own separate entrance, north-facing orientation, and elevated mountain views. Beyond its current use, the real value lies in its future development potential.

With the option to sectionalize, the property can be transformed into a mini estate, unlocking significant value through resale, rental, or a combination of both. Each home already functions independently, generating premium rental income, while the erf layout allows for the addition of a third dwelling, further enhancing returns.

This is a rare chance to secure a flexible, income-producing asset in one of Cape Town’s most prestigious addresses. Perfect for developers seeking sectional title opportunities or investors wanting a high-yield, long-term hold in Constantia Upper.

The First Residence

A contemporary yet warm four-bedroom home, where every bedroom enjoys its own private en-suite. The main suite is a serene retreat, with a walk-in dressing room and wrap-around balcony that drinks in the mountain panorama. Sunlit living and dining areas open to an elevated terrace with a solar-heated pool, fire pit, and built-in braai, perfect for long summer evenings.

The Second Residence

Spanning a generous footprint, this second home offers five bedrooms, including a separate two-bedroom flatlet with its own entrance, ideal for extended family or independent living. Multiple lounges, a modern kitchen, and a welcoming patio create spaces for connection and quiet in equal measure.

Both homes feature air-conditioning in select rooms, inverters for energy resilience, borehole water with filtration, and secure garaging. Manicured grounds are nurtured by borehole irrigation, while robust security ensures peace of mind.

This is more than a property, it is a rare chance to own a versatile estate in one of Constantia Upper’s most desirable addresses, where beauty, opportunity, and a sense of place come together.

ADDITIONAL FEATURES:

· Air-conditioning (in select rooms)
· Inverter
· Solar heated swimming pool
· Built-in barbeque plus firepit
· 2 Boreholes
· Irrigation
· Walter filtration system
· Electric fence, alarm and intercom

Features

9
9
5
Pets Allowed
Yes
Interior
Bedrooms
9
Bathrooms
9
Kitchens
2
Reception Rooms
4
Exterior
Garages
5
Carports / Parkings
8
Security
Yes
Flatlet
2
Pool
Yes
Sizes
Floor Size
982m²
Land Size
3,715m²

Constantia, Cape Town

Located in the Constantia Valley in the heart of the Southern Suburbs, nestled between the slopes of the Constantiaberg Mountain and Table Mountain ranges and set beneath the Table Mountain National Park, lies the beautiful, picturesque suburb of Constantia. Regarded as the oldest wine-making region in the southern hemisphere, Constantia is home to the famed Constantia Wine Route, which includes award-winning wine...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

434,295.25

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