File image: Former Steinhoff CEO Markus Jooste. (Photo: INLSA).
File image: Former Steinhoff CEO Markus Jooste. (Photo: INLSA).

Markus Jooste just got R13 million richer

By Staff Reporter Time of article published May 17, 2018

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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. 

Picture: The Polo Village (Val de Vie)

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. 

Jooste's plot enables you to take advantage of the safety and security in the Val de Vie community. Residents have access to several sports facilities such as a health club, tennis and squash courts, bike trails and membership of the Pearl Valley golf club. Owners also have access to the Val de Vie restaurant and when you want to play polo, there is always space for you. 

Picture: Pearl Valley Golf Course. (Val de Vie).

Read More: You could own Markus Jooste's Val de Vie plot for R15 million


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