Nestled under Lion’s Head, the world’s most hiked mountain, president Cyril Ramaphosa quietly built a massive private home on two plots of prime land that he bought for R30 million, back in 2010. Even though he now has an official residence in Cape Town.
It is nowhere near the size of former president Jacob Zuma’s Nkandla homestead, but it has one of the best views in Cape Town – a 180 degree parorama of the Atlantic Ocean, including Robben Island. It’s been said that a clear day, Ramaphosa may just be able to see the very cell where Nelson Mandela was imprisoned for 18 years.
Ramaphosa is one of South Africa’s richest men, with a fortune estimated at $450 million by Forbes in 2015. The building in Lion’s Head is owned by Ramaphosa’s family trust “Tshivhase”.
Ramaphosa, in his declaration of interests for 2016/17 to parliament disclosed his ownership or interest in 32 properties – mostly town houses in Johannesburg. He also declared two flats in Cape Town, under the trust he is listed as a beneficiary and trustee of the “Tshivhase” Trust.
Fresnaye is on the doorstep of amenities such as the Clifton police station, beaches, shopping malls and even blood donation centre. See the pictures below :