Businessman James Makamba;s sprawling‚ super-luxurious Sandhurst property worth R25 million will be sold on November 29. Auction hous...
Businessman James Makamba;s sprawling‚ super-luxurious
Sandhurst property worth R25 million will be sold on November 29.
Auction house High Street Auctions will sell the mansion
after a court order was granted against Makamba. The opening bid has been set at a
staggering R25m.
The 1‚650m² “Villa Royale” - set in expansive grounds of
nearly 2‚300m² - is described by the auction house as “an elegant Sandhust
mansion with sweeping colonnades‚ open air parking for nearly two dozen
vehicles‚ a regal porte-cochere covered entrance and sculpted dolphins dancing
at the far end of the sparkling swimming pool”. High Street Auctions said that
the property had been run as “an ultra-exclusive boutique hotel”.
Makamba owes Absa bank $4.5m (nearby R63m.
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