Nestled along the slopes of Lion’s Head, overlooking the Atlantic Ocean, you will find Clifton, an exclusive residential address that comes with serious bragging rights. A top-tier postal code leading the way in property sales, Clifton achieves the highest prices per square meter in the country and Tyson Properties just proved this with a new multi-year record-high sale of R97,500,000 for a penthouse on Victoria Road in Clifton to a South African buyer.
This Sale is Proof of Buyer Confidence
This is the highest sale price of any home in Clifton, since the R120 million sale of a home on Nettleton Road in 2017. Here’s what James Carney from Tyson Properties had to say about the sale, “We are very pleased with how this transaction played out. The buyer and the seller were absolute gentlemen in the negotiations, with each achieving fair value. The property is a truly unique and one-of-a-kind Penthouse that has never been listed publicly on the local market. This transaction is great for the market as it shows buyer confidence which might entice purchasers who are on the fence.”
Building Long-Term Relationships is the Key in the Property Business
Clifton property is finding its way back into the market, and the Tyson Properties Team could not be more excited. Michael Bester of Tyson Properties also added, “I have been working in the residential property industry since 2007 and having started Tyson Properties Atlantic Seaboard with my Partners in 2015 — this must rate as the highlight of my career to date. All the hours, the many valued relationships and the newly formed partnership with the dynamic James Carney all culminated at this moment. Taking care of the small things and building long-term relationships is key in this business, and I am looking forward to more deals, strengthening of relationships, and seeing Tyson Properties Atlantic Seaboard prospers into the future.”
An Address Every Investor Wants to Include in their Property Portfolio
If blue flag beaches, turquoise ocean views, top security, and luxury lifestyle living are your thing and you don’t mind spending millions, you’ve arrived home in Victoria Road. According to Prop Stats, since the start of 2021, six out of the seven registered sales in Clifton are on Victoria Road. A wind-free and retail-free seaside boulevard with a convenient lock-up-and-go aspect, Victoria Road, with its breathtaking views of dolphins and yachts that dot the turquoise waters below, provides the perfect local and off-shore investment. It is the ideal location for a holiday or a second home and the Team at Tyson Properties believes that buyers who take advantage of this market will see blue skies in the years to come.
Pictures: Supplied