Categories: Stories

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

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.

 

(467 VIEWS)

Don't be shellfish... Please SHARE
Google
Twitter
Facebook
Linkedin
Email
Print

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.

Recent Posts

Are Zimbabweans giving social media more credit than it deserves?

The role of social media on how people get their news in Zimbabwe is being…

May 3, 2024

Top 20 countries in debt to China- Zimbabwe is not one of them

Ten African countries are amongst the biggest debtors to China, but Zimbabwe is not among…

May 1, 2024

Is Zimbabwe now on the right track?

The Reserve Bank of Zimbabwe’s Monetary Policy Committee, which met on Friday last week, says…

April 30, 2024

Watch: RBZ governor warns those selling ZiG at 20:1 could be buying it at 10:1 in June

Zimbabwe’s new currency further weakened to 13.4407 to the United States dollar today down from…

April 29, 2024

US loses its place as most influential power in Africa to China

The United States lost its place as the most influential global power in Africa last…

April 27, 2024

Zimbabwe central bank chief says street forex dealers cannot destabilise the ZiG

The Reserve Bank of Zimbabwe governor John Mushayavanhu says street money changers who cash in…

April 26, 2024