James Makamba’s mansion in Johannesburg to be auctioned for not less than R25 million


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A super luxurious mansion belonging to Zimbabweans businessman James Makamba is to be auctioned on 29 November for not less than R25 million, reports from South Africa say.

The mansion is reported to have been put on the block after Makamba failed to honour a $4.5 million debt with Absa bank.

According to Business Day, the mansion which is in Sandhurst is an “elegant 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”.

“The five-bedroom mansion‚ complete with wine cellar and private chef‚ costs R80 000 a night to rent‚ and has accommodated the likes of US rapper Nicki Minaj,” the Sunday Times reported at the time.

Joff van Reenen of High Street Auctions said:  “The double-storey manor has marble flooring throughout and the two levels are connected by elegant staircases‚ but there’s also an elevator if you don’t feel like walking. The truly staggering features on this property make an impossibly long list‚ but stepping from the reception rooms onto the double volume terrace and seeing the tall colonnades framing an incredible view of the grounds is fairly breathtaking and it’s memorable.”

It boasts five luxury suites‚ immaculate landscaped grounds and lounge areas for formal and informal dining. The public rooms include a wine cellar‚ state of the art gym‚ 13-seater cinema with reclining leather armchairs‚ a cigar lounge‚ a spa and a games room.

Makamba is a former politician and Parliamentary. He fled the country in 2005 amid allegations that he was having an affair with then First Lady Grace Mugabe and was in exile until December last year.

 

(465 VIEWS)

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Charles Rukuni
The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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