Property investor buys Mugabe government's Cape Town house for R3.7 million

21 September 2015 - 17:46
By Philani Nombembe

A legal precedent has been set in Cape Town after a house belonging to the Zimbabwean government was auctioned off to recoup legal funds it owes to a local activist organisation. The double storey house in Kenilworth was snapped up by Arthur Tsimakopoulos‚ who is described as a “property flipper”‚ for just over R3.

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