What?? A new airport even more conveniently located coming soon!? Even more reason to look at our listing area for your next home or investment. A new "Lanseria style" airport could be on the cards and this brings the Greater Philadelphia area in which we specialize into an exciting spotlight for our clients and investors.
Smallholdings and Farms in this area are known to hold tremendous value in terms of size vs price tag, as they are within commuting distance to all major centers and amenities as well as have the "right side of the tracks" view of Table Mountain. We look forward to fun times here in the wonderful Western Cape! Check our listings direct or visit any of our socials to see what's available at the moment. Clay-zi Properties
5 steps clearing up land expropriation
according to SA Commercial Property News - 12 March 2021
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Rob Hersov, a billionaire entrepreneur who sold a business to the world’s greatest investor, Warren Buffett, wants to build the “Lanseria Airport of Cape Town” 13 kilometers northeast of Durbanville.
Rob Hersov was born and bred in South Africa. But after living overseas for decades he decided to return home. Hersov revealed during a recent interview with BizNews Power Hour that he and businessman Nick Ferguson bought Fisantekraal Airport. Fisantekraal Airport, which has been renamed Cape Winelands Airport, is located half-way between the Cape Town CBD and Paarl. “We want to build the Lanseria Airport of Cape Town. We’re renaming it Cape Winelands Airport,” he said.
Fisantekraal Airport was built on a 150-hectare site by the South African Air Force in 1943 to operate Lockheed Ventura bombers. The airfield was transferred to the local municipality in the sixties and was sold to a private owner in 1993. It then changed hands again last year.
Of the four original runways, two remain operational while the other two are used as Hollywood favourites for movie and film production.
Hersov is the chairman and chief executive of Invest Africa – a platform that evangelises Africa with members in New York, Washington, London, Dubai, Geneva, and Johannesburg and has worked with numerous successful businessmen, including media mogul Rupert Murdoch and South African billionaire Johann Rupert.
He is also a successful international entrepreneur in his own right. He has, among other things, built a successful private jet business which he sold to Warren Buffett.
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SOURCE: SA Commercial Property News
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