SINGLE CAR GARAGE ON THE MARKET FOR R2.2 MILLION IN BANTRY BAY

If you’ve ever had to struggle to find a parking spot close to the beach with your family and beach gear in tow, you’ve got an idea of the daily struggle to find parking in Cape Town’s Bantry Bay area.

It’s almost impossible to find an open parking spot and with the many houses in the area, the need for parking has become a bigger headache by the day.

So, when a single car garage inside a complex on Victoria Road came on the market, you can only imagine how many people got excited. Until they saw the asking price of R2.2 million.

On top of the asking price for the 18 square metre garage, the buyer has to also pay the complex’s monthly levy of R473. Probably not an issue if you’re willing to pay that much for parking.

But, the dream of many was soon crushed when only a few hours after Pam Golding Properties advertised the garage, the ad was taken down and it was confirmed withdrawn from the market.

It might seem like an extravagant price to pay for parking and it is, but parking spaces in the area regularly go for around R1 million.

Image credit: South Africa Info