A study by provincial government has concluded that low-cost housing can be developed at the controversial Tafelberg School Site in Sea Point.
The Western Cape's Department of Transport and Public Works published the financial model in a report on Friday.
According to the study, 270 new social housing units could be built on the site for low-income families earning R7‚500 or less monthly.
The report suggests that the low-cost housing could be cross-subsidised by commercial retail outlets on the site, while retaining and re-surging the existing school building.
National Association of Social Housing Organisations (Nasho) general manager Malcolm McCarthy says it's positive that the department released the report.
It's a very positive move. It definitely is possible. It does involve creative thinking about how the department uses their land.— Malcolm McCarthy, Nasho general manager
McCarthy explains that the department's report may set a good example to other provinces on how to use state-owned land.
Earlier this year, activist groups contested the private sale of the Tafelberg site in court, calling on officials to address social inequity and land justice.
Take a listen to the discussion here: