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Devil's Peak stock is rare

Devil's Peak stock is rare

There is an acute shortage of stock in Devil's Peak, but demand for properties in the area remains strong.

So says Seeff area specialist for Devil's Peak, Susan Litten.

"There has been very little on the market. I just sold a house within three days of listing, at full asking price. The first showing was on a showday Sunday, where I got 35 clients through the house between 14:00 and 17:00. It was sold three days later with several verbal and three written offers having come in. The house was a renovator's delight. It had a garage and four bedrooms on the usual erf size for the area of 228sq m, in a quiet location with partial views."

What is it about Devil's Peak that keeps it so sought after?

"Offering just a five-minute drive into Cape Town CBD, it is pretty unbeatable in terms of convenience. It also offers quirky houses and great views. As a result, the Devil's Peak market does not seem to have been affected at all by the National Credit Act (NCA) and recent interest rate hikes."

She currently has what she describes as "a huge house in secure High Cape".

The house has three bedrooms and three bathrooms with four living areas, a large laundry, double garage and double carport. There is also a self-contained flatlet with two enormous en suite bedrooms and a living area. "The flatlet opens onto a very large, party-size patio. The flat can be let at R5,500 per month, or is perfect for dual living."

Situated within the High Cape Estate, this property offers the added security of a perimeter fence and single vehicle access. Soon to be added are CCTV cameras and foot patrols. Like so many Devil's Peak homes, this is in a quiet location in a cul de sac.


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Disclaimer: The information presented and opinions expressed herein are those of the authors and do not necessarily represent the views of Estates Report and/or its partners.