Editorial cartoon People's Post 04 August 2009
City parking mayhem
Henry booysen
CAPE TOWN is officially the most expensive city in which to park in South Africa, but even the CBD’s highest rates are chicken feed compared to what people are prepared to pay for a parking spot on the Atlantic Seaboard’s Platinum Mile.
While motorists were upset when parking in the CBD shot up to R8,20 an hour recently, parking bays in Clifton go for the price of a house in some middle-class suburbs.
Last month two undercover parking bays – one in Eventide and the other in Whitecliffs on the Clifton beachfront – were sold for a whopping R580 000 and R750 000 respectively.
“Land in Clifton is all privately-owned, and parking spaces are highly-sought after, so people pay huge sums of money when a space opens up,” says Pam Golding’s Basil Oritos, who made the sales.
Those prices are far from the record price of R2 million paid for an 18m² garage – R111 000 per square metre – in the same area in January 2008. cont....
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