CAPE TOWN - Former Steinhoff CEO Markus Jooste has sold his plot in Val de Vie in the Parl area for R13 million.
The transfer fees came to R1.7 million, according to Business Insider.
Cape Wineland Properties handled the sale and according to Val de Vie marketing director and shareholder Ryk Neethling the property is “right next to a new private bridge over the Berg River.
In January, it was reported that Jooste put his property on the market for R15 million. Jooste's estate would form part of 13 Gentleman’s Estate developments.
When news broke that the property was back on the market, there was “overwhelming” interest in the estate.
The Gentleman’s Estate plots originally costed between R7.5 million to R9.95 million, and range in size from 1.2ha to 3.5ha.