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PICS: This R65-million discounted mansion in Houghton is considered a steal

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By Citizen Reporter

One can only dream of owning a home costing millions of rands, but if you like us enjoy property porn, you’ll fall in love with this Johannesburg home, called the Gatsby mansion that just went up for sale.

The new listing in Houghton Ridge is a stunning 4000-square metre mansion that’s up for sale again with a 45% discount, according to a statement.

The mansion is listed at R65 million by Gumtree Property Operations. It boasts eight ensuite bedrooms, six parking spaces, as well as a luxurious private nightclub, wellness spa, library, a gym and conference facilities. It also has a heated indoor swimming pool and outdoor training pool.

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The house is called the Gatsby mansion and was originally intended to serve as a private hotel for royalty. Possibly living up to the opulence in the Scott Fitzgerald classic novel, The Great Gatsby.

The mansion has four stories with large glass frontages, offering breath-taking panoramic views of Johannesburg. The furniture and staged interior which includes rare artworks are included in the sale.

The original price of the property was around R94.25 million.

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Pics: R65 million Gatbsy mansion

The interior of the Gatsby Houghton mansion. Picture: Supplied
Grand piano and luxurious furniture in the Gatsby mansion in Johannesburg. Picture: Supplied
Goregous garden at the Gatsby mansion in Johannesburg. Picture: Supplied
Breathtaking views of Johannesburg at the Gatsby mansion. Picture: Supplied

Head of Gumtree Property Operations, Barrie Swart, said many luxury homes have been listed before and that there is currently a surplus.

“There are several multi-million properties up for grabs at the moment,” he said. “Covid-19 has impacted uber-wealthy homeowners as well – many are unable to travel to their luxury homes around the world during the current climate, and others are concerned about the volatility of the market,” he added.

However with the nature of these types of listings, particularly at this price, it takes time to find the right buyer to sell the property to.

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“It may not seem like it to us, but the Gatsby is a real bargain at this price and will definitely be swept up soon,” Swart concluded.

Complied by Sandisiwe Mbhele

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By Citizen Reporter
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