The road leading to one of Gqeberha’s most affluent estates is littered with potholes, the residents endure intermittent power cuts due to transformer failures and there are safety concerns over a rotting electrical pole.
TAKE A LOOK | Arlington Racecourse sold for R26m and will be turned into housing estate Apr 23, 2021, 01:52 PM
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Arlington Racecourse in Gqeberha has been sold at auction for R25.7 million.
The abandoned track will be developed into a residential estate, with rezoning processes already underway.
Funds from the sale will be used to assist Phumelela Gaming and Leisure, the ground’s former owner, in its ongoing business rescue process.
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Arlington Racecourse in Gqeberha (formerly Port Elizabeth) has sold at auction for R25.7 million to a “Durban-based” consortium. The land is expected to be developed into a residential area, while funds from the sale will go towards Phumelela Gaming and Leisure’s business rescue process.