Greetings, real estate enthusiasts and dreamers of luxurious coastal living,
We're back with an exhilarating update on the recent sale of the spectacular 3-bedroom, 176-square-meter penthouse on Beach Road, Mouille Point. In our previous blog post, we introduced you to this gem, and today, we're thrilled to reveal the full story of how this remarkable penthouse found its ideal match – a German buyer with a two-year quest to please his wife.
The German Buyer's Odyssey
Our buyer, hailing from Germany, embarked on a more than two-year journey in search of the perfect penthouse in Mouille Point. His motivation? To delight his beloved wife with a residence that epitomized luxury, sophistication, and the breathtaking beauty of Cape Town. His quest was driven by love and a desire to create lasting memories in a place that combined opulence and natural splendour.
A Swift Negotiation with a Twist
My colleague the Camps Bay Guy AKA Joshua Parson & I guided this determined buyer through the selection process, negotiations moved swiftly. However, there was a unique twist to this sale. The buyer's dream was to acquire the penthouse "lock, stock & barrel," inclusive of all its furniture and furnishings. This request led to a contract that required careful attention to detail, but it was a testament to the buyer's dedication to providing the ultimate experience for his wife.
A Record-Setting Sale
The sale of this penthouse didn't just break records; it shattered them. The selling price of R 125,000 per square meter set a new benchmark for the block and in Mouille Point! This figure was significantly higher than the average selling price in the area, which typically hovers around R 65,000 per square meter. The penthouse's exclusivity and captivating views justified this premium price.
Unlocking Extra Garages & Exclusive Rooftop Views
Initially, the penthouse came with only one garage. However, the determined buyer, seeking perfection, insisted on having two garages. This led to a creative solution, involving an additional garage owned by the seller, albeit in a different entity, which added an interesting layer of complexity to the process. The reward? Not only two garages but also the exclusive use of the rooftop area. This exclusive space provides 360-degree views of the DHL Stadium, Metropolitan Golf Club, V&A Waterfront, Table Mountain, the Atlantic Ocean, Bloubergstrand, Lionshead, and the Table Mountain cable car station. The penthouse truly boasts views that take your breath away.
Seller's Surprise: A Swift Sale
The seller, initially contemplating a conventional market entry to gauge the penthouse's worth, was astounded by the astonishing turn of events. In just 8 days, this exceptional penthouse found its ideal owner. The demand and the allure of this coastal masterpiece far exceeded expectations.
This sale is not just a transaction; it's a love story, a tale of dedication to perfection, and a testament to the timeless appeal of coastal living in Mouille Point.
If you have any questions or would like further insights into this extraordinary transaction, please don't hesitate to ask. We're here to provide you with the inside scoop on the world of real estate.
Until next time,
Elmar Cilliers #sellingcilliers...
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