Areas and Places

Traditionally-built Green Point home on the market

A picture of the spacious living room which forms part of this home’s stunning features.

A traditionally built home in sought after Green Point, that has been completely modernised inside to create a comfortable living space, has come onto the market through Knight Frank Residential SA, at a price of R13 995 000.

This home, says Bruce Zeff, the Knight Frank agent marketing the property, has a good mix of traditional proportions and contemporary finishes. The kitchen, for example, is large, open plan, light and bright, with state of the art Mielé appliances, granite countertops and ample preparation space. It would suit an enthusiastic cook who likes entertaining, as it opens directly to the library, dining area and lounge. The library area is cosy and has two walls lined with bookshelves, to suit any book enthusiast. The flooring in the living area is the original solid wood, which creates a homely ambience.

The current owner of the property has configured the home differently to other conventional three bedroom homes, said Zeff. The home has been split into three independent living areas, with the main area upstairs that has one large bedroom and two guest suites downstairs. The suites downstairs are fully self-contained. One is a large one bedroom with its own lounge area and the kitchen is fully equipped with the necessary appliances and has a large bathroom with shower and bath. The other is a studio with a kitchenette.

Both suites have their own entrances, and so would be suitable to rent out as short term accommodation. The downstairs area would also be ideal for teenagers or used as a granny flat.

Views from the wraparound deck take in Table Bay and the garden has been designed to be as low maintenance as possible, said Zeff, with lush shrubbery in the beds and a mix of astro-turf and lawn.

With comfort in mind, under-floor heating has been installed in the bathrooms and one of the guest suites, plus there are two fireplaces, one wood burning and one gas.

The Green Point area is highly sought after at the moment, partially because of its close proximity to the CBD, excellent schools and the glut of restaurants, shops and business areas in Sea Point and the V & A Waterfront.

The average price for similar homes in the area at present, according to PropStats (the Institute of Estate Agents, Western Cape, property data service) is R6 780 500, with 7,3% difference between the asking and sales price. Properties of this kind are taking around 99 days to sell.

“This property will be a good buy for those who either have older children needing the independence of the separate bedrooms or for a couple who want to earn extra income letting out the suites. In either case, the home is ready to move in and continue everyday life, there is no upgrading or renovation required as the home is extremely welcoming and comfortable. With the stock shortages being experienced in Green Point, we expect this home to be snapped up quickly.”