The Price of Living on South Africa's "Billionaires' Row": Nettleton Road in Clifton
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Perched high above Cape Town's Atlantic Seaboard, Nettleton Road stands as the most expensive street in South Africa, where homes command astronomical prices and extreme monthly upkeep.
Nettleton Road in Clifton, Cape Town, officially retains its title as South Africa’s most expensive street—often referred to as the country’s premier "Billionaires' Row."
Nestled against the slopes of Lion's Head with panoramic, unobstructed views of the Atlantic Ocean, entry-level prices for residential homes on this iconic cul-de-sac start at roughly R100 million, with top-tier architectural masterpieces reaching valuations well beyond R200 million.
Beyond the eye-watering initial purchase prices, living on Nettleton Road comes with massive ongoing carrying costs.
Property owners routinely face municipal rates and taxes ranging between R30,000 and R100,000 per month, alongside estate security, specialized cliffside structural maintenance, and utility bills that elevate monthly running costs to upwards of R150,000. Despite these exorbitant costs, demand among ultra-high-net-worth individuals (UHNWIs)—both local tycoons and international buyers—remains exceptionally high, driven by Cape Town's booming luxury real estate market and the street's unparalleled privacy, wind-sheltered positioning, and prestige.
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