The most expensive suburb in South Africa – where a parking spot costs R2.5 million [an extract from an article by: Luke Fraser in BUSINESSTECH – 24 August 2024]
The average selling price for a house in Clifton is R43.9 million, with a single parking spot costing more than the average property in the country.
According to the Seeff Property Group, the selling price for houses in Clifton is double that of Camps Bay, the second most expensive suburb in the country.
Seeff said that only roughly 20 houses and five apartments go on sale in the small suburb.
Clifton benefits from a spectacular location between mountain and sea with some of the most exclusive homes in the country…
The Original Full Article Can be Viewed here: → The most expensive suburb in South Africa – where a parking spot costs R2.5 million – BusinessTech