Iconic Good Hope Centre Among 50 Cape Town Properties Up for Auction

• Cape Town is set to auction 50 city-owned properties next week, including the iconic Good Hope Centre
• Around 282,000 square metres of land will be available for housing, commercial, and mixed-use developments
• The public auction is open to everyone, with proceeds going directly into municipal service delivery

WESTERN CAPE- Cape Town is set to put 50 of its properties on the market next week, including the iconic Good Hope Centre.

According to Eyewitness News, a total of approximately 282,000 square metres of land will be available for housing, commercial, and mixed-use developments.

Economic Growth MMC, James Vos said, the properties have been identified as surplus to the city’s needs.

“This auction is part of our plan to unlock economic, social, and spatial value across the metro,” Vos said.

The auction will be public and open to everyone, with funds raised going directly back into municipal services.

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This move is being closely watched as the city aims to encourage investment while addressing space and housing needs across Cape Town.

City of Tshwane auctions off vehicle fleet

In related news, Tshwane Mayor Nasiphi Moya announced that the city will auction about 800 government vehicles because they are too costly to maintain. The online sale is aimed at boosting municipal revenue and reducing the burden of keeping old fleet cars on the books. Moya says the move will help reinvest funds into essential city services and operations.

Three Briefly articles on celebrity auctions

• Shauwn “MaMkhize” Mkhize’s high‑end possessions were recently sold online at auction after being seized amid her ongoing tax disputes with the South African Revenue Service, attracting competitive bids from collectors and luxury enthusiasts. The most expensive designer item was a Saint Laurent bag that fetched about R73 000, and a 2021 Lamborghini Urus drew a top bid near R4.8 million. The sale also included other premium handbags, luggage and artwork, highlighting the impact of the tax‑related asset recovery process.
• Her financial woes deepened as the South African Revenue Service (SARS) continued to auction off more of her belongings,including TVs, carpets, pianos, and other luxury items, to recover unpaid tax debt. SARS has previously seized high‑end cars, designer goods and even her football club amid its efforts to recoup what’s owed.
• “MaMkhize's” ongoing tax problems escalated further as the South African Revenue Service (SARS) moved to auction 363 bottles of her premium alcohol to help recover unpaid tax debt. SARS’s action reflects its intensified efforts to pursue assets amid its unresolved liabilities. The liquor auction is the latest in a series of disposals of her possessions aimed at recouping what is owed.

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King Shaka airport set for R21.7 billion makeover to boost KZN economy

Briefly News reported that former Eric Mathoho is facing the potential auction of his assets after defaulting on a roughly R400 000 personal loan, with sheriffs reportedly attempting to enforce payment after he allegedly failed to meet monthly obligations. The looming forced sale reflects broader financial struggles for the ex‑Kaizer Chiefs and Bafana Bafana player as creditors move to recover the outstanding debt.

Source: Briefly News