NATIONAL ASSEMBLY  

QUESTION NO.438

FOR WRITTEN REPLY  

DATE OF PUBLICATION IN THE INTERNAL QUESTION PAPER: 13 AUGUST 2004

(INTERNAL QUESTION PAPER NO: 11-2004)

                                                                                                                                                N548E  

Adv PS Swart (DA) to ask the Minister for Intelligence: 

Whether the Sunset Beach guest house was valued following the improvements to the property; if not, why not; if so, (a) by whom and (b) what is the current value of this property; 

Whether the guest house has been sold; if not, what is the position in this regard; if so, (a) who took the decision in this regard, (b) what factors were taken into consideration in deciding to sell the guest house and (c) what was the (i) asking price and (ii) final sale price? 

Reply:

The Sunset Beach guest house was valued after the improvements by an independent registered valuator, Maria Esmeyer, at R8 690 000. 

The house was marketed at R9 500 000 and an offer for R8 700 000 was received and accepted. The potential buyer is currently arranging finance.  

The decision to sell the property was taken by the current Minister as the media focus around the Sunset Beach guest house has brought undue exposure.