Impasse over prime CT real estate could affect Zille's affordable housing plans
Western Cape Premier Helen Zille says she was taken aback when she learned that the ownership of a prime piece of real estate alongside Cape Town’s Waterfront was secretly transferred.
The Deeds Office reported that Erf 1955, part of the famous Somerset Precinct, was transferred to the National Health Laboratory Service (NHLS) without the knowledge of anyone in the province in February.
Worth hundreds of millions of rand, Zille says Erf 1955 is perhaps the most sought-after property in South Africa.
She explains that there has been a difference in legal opinion regarding the National Health Laboratory Service Act which gave the service right to have property vested in it.
Because of this, the province has been unable to proceed with its plan to develop affordable housing on the 3.3-hectare site.
Suddenly we found that we didn't own the property anymore.Helen Zille, Western Cape Premier
Take a listen to her explanation:
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