Uproar as Hout Bay’s famous Sentinel peak is put on the market
Phumeza Mgxashe of SANParks said the current landowner had purchased the property in 2005 for just R60000 — a realistic value for undeveloped conservation land. (from The Times)
One of Cape Town’s iconic mountain peaks is up for sale — but so far nobody has been brave enough to buy it.
Touted as a dream investment, Sentinel mountain, overlooking Hout Bay, is at the centre of an escalating property row involving local government officials, conservationists, and a landless community on the mountain slopes.
The 11ha sweep of indigenous fynbos and towering rock with postcard views of the Cape Peninsula is on the market for R12-million — about the price of a bungalow along the Atlantic seaboard a few kilometers away. It is owned by a close corporation, G and R Marine.Phumeza Mgxashe of SANParks said the current landowner had purchased the property in 2005 for just R60000 — a realistic value for undeveloped conservation land. (from The Times)
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