Nettleton Road in Clifton, Cape Town, is widely regarded as the crown jewel of South African real estate.
Often referred to as “South Africa’s most expensive street,” this enviable postcode boasts a collection of ultra-luxurious homes.
Now, one of these prized properties has just changed hands – sold to a local buyer in what marks South Africa’s most expensive property sale of 2025 so far.
Described as an “architectural marvel,” the five-bedroom contemporary home was designed by world-renowned Stefan Antoni.
The new owner at 5 Nettleton road
The South African spoke to Lance Cohen from Lance Real Estate, who managed the sale at 5 Nettleton Road.
Cohen wasn’t able to reveal the identity of the buyer, but did confirm that the new owner is a local.
“All I can tell you is that the buyer is a South African,” Cohen said.
“It’s nice to know that South Africans are buying high-end properties – this also signals great confidence in the Western Cape property market.”
With an asking price of R160 million, 5 Nettleton Rd was eventually sold for R157 500 000.
The property boasts lavish interiors throughout, along with a double volume entertainment area that flows seamlessly into a landscaped mountain garden and onto a spacious terrace with a rim-flow pool overlooking Clifton.
Inside, five expansive en-suite bedrooms are complemented by two self-contained staff quarters, a private cinema, a fully equipped gym, and elevator access to every floor – along with a host of other luxury amenities.
More local demand than supply
According to Cohen, in the high-end real estate residential market there are in fact more buyers at R100 million plus than there are actual properties for sale.
“In May we sold an apartment in Clifton with an asking price of R145 million,” he added. “This is highest documented price for the sale of an apartment in South Africa.”
“A lot of wealthy SA expats are returning home and Cape Town is the place they want to be.”
Would this be your dream home?
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