LISTING CAPE TOWN
LUXURY HOTSPOT : PRETORIA EAST
Pretoria East , Mooikloof Equestrian Estate – R65,000 / month for a super luxury 1,400sqm home on 1ha of land in this top-end estate
PG van der Linde , rentals manager for Seeff Pretoria East says the area is in high demand for luxury rentals , especially in the security estates . The market is driven by demand from high-end tenants including government officials and foreign embassy staff .
Luxury homes rent for upwards of around R30,000 to between R70,000 and R80,000 per month with security and lifestyle a main priority for tenants . In Woodhill Golf Estate for example , a rental of R64,000 per month was achieved .
“ While the majority of high-end leases are concluded with local tenants , there has been an uptick in demand from international tenants as well as from other African countries . Many are relocating to Joburg for work purposes and mainly look at the inner Sandton suburbs .”
POPULAR PROPERTY : THE WINELANDS
Franschhoek – R65,000 / month for this luxury home in the La Bella Vita Estate within the Santé Winelands Estate where you can reside among vineyards
SA Real Estate Investor Magazine SEPTEMBER 2022 117