Nettleton Road in Clifton, Cape Town, has welcomed a new resident, businessman MySol – real name Solly Soka Madibela.
The mining magnate reportedly paid over R200 million for the seven-storey, seven-bedroom villa.
AFRICA’S MOST RICHEST, IN DEMAND STREET
Property agents have labelled Nettleton Road, located in Clifton, Cape Town, as the most expensive street in Africa.
The picturesque street – which falls under the Atlantic Seaboard – boasts houses that have sold for well over R100 million.
As there are fewer than 30 properties on the road, the demand is high, with some buyers offering close to half a billion for the exclusive address.
Real estate agent Lance Cohen told the Sunday Times: “The No 1 draw of Nettleton Road is the incredible view, across the Atlantic Ocean, the Clifton beaches and towards the Twelve Apostles, with Lion’s Head and Table Mountain in your backyard.
“The views here are better than anywhere else in Cape Town, and that is why people pay such prices. The second factor is the prestige. Owning a property on Nettleton Road means you have reached the top of society.”
Pam Golding Properties has credited the rarity, privacy, exclusivity and luxury lifestyle as contributing factors to its popularity.
WHO LIVES ON NETTLETON ROAD?
Nettleton Road welcomed its newest residents, DJ Black Coffee and MySol in the last six months.
The Grammy-winning artist paid R157 million in cash for his five-bedroom villa. Last week, businessman MySol hosted his housewarming party at his R220 million property, located next to the world-famous DJ
Here are other residents of the exclusive address…
- Clare Wiese, the daughter of Shoprite billionaire Christo Wiese, purchased a R90 million home in 2016.
- Architect Stefan Antoni, who has designed many homes on Nettleton Road, has his own on the street.
- Property developer Stuart Chait purchased a R150 million home in 2020.
- Publishing tycoon Dennis Hotz demolished his home to build another.
- Art dealer Hugo Jankowitz, who owns the 21 Nettleton Boutique Hotel
