HDA Annual Report
ANNUAL REPORT 2023/24
Notes to the Annual Financial Statements
Restated 2023
Figures in R’000
2024
30. Properties held on behalf of others (continued)
2024
2023
Restated Municipal valuation at 31 March 2023
Municipal valuation at 31 March 2023
Restated Land value at acquisition 2023
Land value at acquisition 2024
Land value at acquisition 2023
Municipal Valuation at 31 March 2023
Description as previously reported
Description
Erven 921, 922, 923, 924, 925,927 938, 940-941, 17735, 172883 Philippi, Western Cape 15 569 7 615 15 569 5 430 15 569 5 430
Portion 0 of Erf 925 Townshiop Gugulethu, Western Cape,Erf 921 924, 927-938, 940-941 Gugulethu, Western Cape , Portion 0 of Erf 177135 & Erf 172883 Cape RD RE of Farm 700 Cape Rd
Farm 700 Business Zone 949, Cape Town, Western Cape Erf 807,3108, 21400 Philippi (Market valuation as at April 2021)
4 552 4 500 4 552 4 500 4 552 4 500
RE of Ptn 9 of Farm Schultz Vley 807, Portion 0 of Erf 3108 and Portion 0 of Erf 21399 Philippi, Cape RD)
39 195
39 195 9 985 39 195
11 115
11 115
Erf 4061 Hout Bay, Erf 4062, Hout Bay, 5636 and 5637 Hout Bay, Western Cape RE Farm 791 & RE Farm 793 Cape Town, Western Cape Rem of Ptn 64 of Farm 787 Cape Rd, Cape Town, Western Cape Erf 35163 - 35174, 35148, 38368 Milnerton, Western Cape
Erven 4061, 4062,
5636,5637 Hout Bay, Western Cape 45 354
40 955
45 354 36 000 45 354 36 000
Farm 791, 793 Cape Town, Western Cape
10 842
10 842
4 512
10 842
4 512
4 512
Portion 64 of Farm 787 Cape Town, Western Cape 6 365 6 785 6 365 6 800 6 355 6 800 Erven 35163 - 35174, 36148, 38368 Milnerton, Western Cape 64 965 25 320 64 965 11 760 64 965 11 760
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