LettersOpinion
Why such a favourable rating?
It appears from an inspection of the 2015 property valuation schedule that the value of the Salt Rock Hotel and Caravan Park is shown as R26.5 million. This is for a 100 bedroom hotel and a large caravan park on about 46 000sq metres of prime nearly flat commercial beachfront property. This is about twice …
It appears from an inspection of the 2015 property valuation schedule that the value of the Salt Rock Hotel and Caravan Park is shown as R26.5 million.
This is for a 100 bedroom hotel and a large caravan park on about 46 000sq metres of prime nearly flat commercial beachfront property. This is about twice the valuation of some four bedroom beachfront homes in Sheffield Beach.
Makes you think, doesn’t it.
JOHN EVERETT
Simbithi
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