[imagesource: Pam Golding]
Every so often, we come across a property that makes you want to be a Russian oligarch with hundreds of millions to splurge.
I suppose there’s a moral conundrum there so I’d rather take having my father hand me half his empire and instant billionaire status, too.
Regardless of the means through which you acquire your untold riches, this property in Franschhoek is about as good as it gets if you want to live in the world-famous Cape Winelands.
Sandstone House, located in the heart of the beautiful Franschhoek Valley, is now on the market for a cool R90 million.
Pam Golding has the listing:
Magnificent exclusive property set on a two hectare smallholding with the most sumptuous grounds of gardens, vineyards, olive groves and dams, in one of the most special, tranquil locations of the Franschhoek Valley.
The exquisite main house has six bedrooms and staff accommodation with the finest attention to detail in every corner, complemented by a luxury two bedroom villa overlooking the vines.
There are three pools, floodlit tennis court and seven garages. 4000 bottles of wine can be produced from the grapes and olive oil and table olives are derived from the grove.
Your garden isn’t your average garden, either.
You’ll find 500 roses, a huge variety of plants (including indigenous vegetation), and dams filled with Koi.
Besides the main house, the property also comes with a two-bedroom cottage and staff accommodation.
Everything you need to know is covered in this video:
The voiceover stating it’s “luxurious and grand by any standard” is on the nose.
Sandstone House is also a popular wedding venue:
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Just for laughs, I thought I would calculate the bond.
Assuming you put down R9 million (10%), you’re paying off R80 million over 20 years at 10,5% interest (thanks, recent hike).
Each month, that works out to R798 704.
[source:pamgolding]
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