South Africa’s only ski resort, Tiffindell Ski, will go under the hammer next month, on July 12th, at Summer Place in Hyde Park, Johannesburg. More surprisingly, this 101Ha piece of prime Eastern Cape real estate will be sold ‘lock stock and barrel’ in an absolute, or ‘no reserve’ auction, a development that will likely see hospitality companies, developers, investors and myriad others to wage a battle royal to acquire the once-flourishing winter wonderland.

During its controversial, bitter and much-publicised demise,which began in 2007 with a would-be sale gone sour and ended in October last year aftera draining but dramatic four year legal battle, international professional services giant, KPMG, were in 2009 appointed liquidators (masters reference G156/09), and now the resort will finally be sold to the highest bidder

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