RDP house on sale for R1.7m after 'upgrade' in Cape Town

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RDP house on sale for R1.7m after 'upgrade' in Cape Town
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The RDP house includes a shop with a trader who pays R6,000 a month.

According to the real estate website, properties sold in Dunoon include one for R180,000 in December, and last month a home fetched R280,000.

GroundUp found no approved building plans for the conversion of the house for sale, but it does have electrical and plumbing certification. Gregory Brooks of Brooks & Michaels Property Consultants said it would be a risky purchase for this reason."What makes me nervous is the website has recorded 23 property sales in the area and the average price is R279,000. [This building] has the highest price that I can see and that is far above the average price.

Nieuwoudt said the formal trading of properties requires that a building occupation certificate be supplied by the seller of the property. "The city administration has not received a request for the issuing of an occupation certificate in respect of the property in question," she said.

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