Cape Town CBD boasts 12 museums, three libraries, 209 eateries, 96 medical practices, 69 bars and clubs, four theatres, 627 retail outlets, 25 places of worship and 40 health facilities.
However, middle income earners, many of whom work in the area, aren’t able to make full use of these facilities outside of working hours, according to a new report by PropertyWheel.
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This incident allegedly took place at Parys High School on 14 August 2017. No other information on the incident has been released. 0 ...A report by the Central City Improvement District – a private–public partnership formed by CBD property owners – shows that the average price of an apartment within the 57 residential complexes in the Central City is R2.34 million.
“With middle income earners making between R15, 000 and R50, 000 per month (based on figures from the Unilever Institute of Strategic Marketing at UCT), they can only afford a maximum home purchase price of R 1.5 million – leaving them without an entry point into the CBD property market.”
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“Without access to more affordable homes in well-located areas of the City, many of those in the middle income bracket are forced to purchase property on its outskirts.”
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The wife of Zimbabwean dictator Robert Mugabe is facing legal action after being accused of attacking a young woman at a party in...However with the petrol price is set to increase by up to seven cents a litre, it is soon unlikely that they would be able to shell out even more money to travel to the City Centre to experience its after hour’s offerings, said PropertyWheel.
