GUPTA MANSION IN CONSTANTIA SOLD
The Gupta family mansion in the wealthy Cape Town suburb of Upper Constantia has been sold. It was sold for the asking price of R20 million.
It was sold to an international buyer, according to the estate agent Richard Hixham-Hardie.
Hixham-Hardie said the state of the mansion is “absolutely derelict and would need a total and overall restoration and renovation”.
The once stunning property was sold to the Guptas by former British Prime Minister Margaret Thatcher’s son Mark.
“This property used to have rolling planes of lush green gardens and was absolutely splendid. But due to the years of vacantly weathering through many seasons, the total inside interior of the property sustained water damage and the thatched roof has gaping holes.”
The 8,105 square metre mansion features seven bedrooms and six bathrooms. It’s located in Upper Constantia and was purchased by the Guptas for R17 million.
The publication The People’s Post, contacted the National Prosecuting Authority (NPA) with regards to the money and if it will be used to pay back the debt the Gupta family owes the country. The NPA didn’t comment on the matter.
Image credit: Cape Town ETC