Unobstructed ocean and mountain views

Sole, Exclusive Mandate
Full title development offering two residences which can be enjoyed as one. Option to be sub-divided as two dwellings. The elegant architectural design includes quality, luxury finishes throughout. The north facing elevations enhances the grande views over the Atlantic ocean.

In designing the development site plan, Ivan Mccarthy Architecture & Design prioritises both functionality and aesthetics. Each floor will be meticulously presented, reflecting our studio’s timeless contemporary minimalism and ensuring the penthouse embodies luxurious living effortlessly.

The Penthouse (Main Residence)
Spanning over two floors, the penthouse offers a luxurious arrangement:

North facing views over the Atlantic Seaboard complimenting natural light into the residences during all seasons.
Highly elevated, enjoying wide angle vistas across the ocean, creating an atmosphere of calm and tranquility.

First floor offers three en-suite bedrooms, with the main bedroom featuring a dressing room, alongside a dining room, TV lounge, wine library, full kitchen, additional chef’s back kitchen, scullery, laundry room, and an extensive covered terrace between rooms;

Connect with a stairwell or elevator, the second floor includes a dining room, TV lounge, kitchen, bar, open roof terrace with a raised swimming pool, outdoor lounge, cigar room, guest WC and a zen garden.

The penthouse comes with a double garage with access to Arcadia Road. 24-hour security with access control.

Unobstructed ocean and Signal Hill views. 24-hour security with access control. Ground-floor lobby. Lift access for guests. Solar inverter system throughout. Air-conditioning. All living areas equipped with fireplaces
Wine library. Private access to the penthouse via double garage and private access for guests with security. Private chef’s kitchen for entertaining. Storage facilities in the garage. Steam shower in main bathroom.

High capital growth location
Estimated timeframe of development:
15 – 18 months
Option to purchase the full project including two residences, alternatively to sub-divide as sectional title properties, offering two individual ownership.

Development agreement includes:
Building Package Finance available with South African Banks paying for vacant stand and progress payments on construction until completed
If cash purchase, the funds are managed by Quantity Surveyors progress payment reports for Transfer Attorney (STBB Attorneys) to pay funds from their Trust account until complete and occupation certificate is issued
Offer to Purchase signed for Vacant Stand, plus Building Agreement, Bill of Quantities and Schedule of Finishes
Option to upscale any interior finishes and to add furniture and soft furnishings
Progress payments in line with progress schedule
Contractor pays for 1st phase of progress until progress payment is received – eliminating risk to the Buyer
No transfer duties 15% VAT applicable

Fresnaye is beautiful enough that you might not want to leave. So when you must venture out, there is easy access to all of the Atlantic Seaboard’s beaches, as well as the Sea Point promenade. It is also a short trip from the city centre, meaning that getting to museums, art galleries and the V&A Waterfront takes only a few minutes. Fresnaye is within walking distance from the four Clifton beaches, as well as the Sea Point swimming pools. Sunsets over the Atlantic Seaboard are the best in the Cape Town, Fresnaye’s elevated position means you’re printed to enjoy them at their most glorious.

Location
Set directly on the slopes of Lion’s Head, Fresnaye overlooks Sea Point to the north and Bantry Bay to the south-west.