Spotlight on Tamboerskloof
Category Cape Town Property
Set against the mountain slopes between Signal Hill and Lions Head, the suburb of Tamboerskloof is one of the most sought-after in Cape Town – not least because most homes here offer spectacular mountain vistas and beautiful city views right out to Table Bay.
Property prices here start at around R1,75m for one-bedroom sectional title apartments, and at around R4,5m for two-bedroom freehold homes. At the top end of the market, asking prices for ultra-modern four and five-bedroom homes currently range from R19m to around R25m, and those for the modernised Victorian mansions which are more typical of the area from R12,5m to around R16,5m.
“Nevertheless, there is perennial strong demand, and statistics from property data company Lightstone show that the average house price in Tamboerskloof has risen by 54% on the back of this over the past five years, from R3,95m to R6,09m currently,” says Adel Louw, co-owner of the Chas Everitt International City Bowl franchise.
“Another plus for this area is its extremely convenient location, just off the main route that runs all the way from the V&A Waterfront and Camps Bay, and within a few minutes’ drive of the CBD. Residents averse to driving in traffic can also make use of the excellent MyCiti bus rapid transit service that runs along Kloof Nek road between the city centre and Camps Bay.”
Over-35s are very much in the majority among homebuyers in Tamboerskloof, she says, and most have children they are intending to send to the local schools, including Tamboerskloof Primary, Laerskool Jan van Riebeek, the German International School and Hoërskool Jan van Riebeeck.
“This also contributes to a shortage of homes for sale, because those who do manage to buy here tend to settle in for at least the duration of their children’s education – and often also for their university education. In fact, some 55% of current residents have lived in the area for 11 years or more, and another 25% have lived there for between five and 10 years.”
Lying in the lee of Lions Head, Tamboerskloof is sheltered from the worst effects of the strong South-Easters that blow through Cape Town in the summer, says Louw, and is also a peaceful area with a strong sense of community and a very active neighbourhood watch association. “In addition, its proximity to many of the city’s top attractions makes it popular with tourists and has led to the establishment of several upmarket guesthouses and B&Bs.
“From here, tourists can easily reach the Waterfront, for example, or the beaches at Camps Bay and Llandudno, the N1 that will take them to the Winelands, or the trendy Bo-Kaap and Long Street areas, as well as all the restaurants, cafés and boutiques on Kloof Street in Gardens.”
The closest shopping centres to Tamboerskloof are the newly-revamped Lifestyle on Kloof, which is anchored by a Woolworths Food store; the Palmhof Centre and the Rheede Street Mall. Also within easy reach is the larger Gardens Centre, which has two supermarkets as well as designer clothing, travel, home services and specialist food stores.
*For more information please contact Adel Louw on 021 915 4800 or email@example.com
Author: Meg Wilson