Vacant land in Clifton sells for R170 million

Vacant land in Clifton sells for R170 million

In one of the most significant residential property deals in recent years, two adjacent vacant plots on Cape Town’s coveted Nettleton Road in Clifton have been sold for a staggering R170 million (£7 million). The combined land area of 2 700 square metres places this transaction among the highest ever recorded for undeveloped residential property in South Africa. The sale was facilitated by luxury property specialist Annette Hepburn of Pam Goldin…

Clifton vacant plots sold for R170 million

In one of the biggest residential property deals in recent years, a buyer purchased two adjacent vacant plots on Cape Town’s prestigious Nettleton Road in Clifton for an astonishing R170 million (£7 million). With a combined size of 2,700 square metres, the sale ranks among the highest ever recorded for undeveloped residential land in South Africa. The sale was facilitated by luxury property specialist Annette Hepburn of Pam Golding Properties, …

Luxury home loading: Vacant land in Clifton fetches R170m in sale

Two adjacent vacant erven on what is considered one of the country’s most coveted roads along Cape Town’s Atlantic Seaboard have been sold for a whopping R170 million in a high-profile residential property transaction. The plots, comprising 2 700m², are located on Nettleton Road in Clifton – an exclusive street adorned with a limited number of large, luxurious, iconic homes. According to long-term resident agent and area specialist Annette Hepbu…