SARS 2026/2027LIVERepo Rate7.50%Prime Rate11.50%USD/ZAR~18.40VAT Rate15%UIF CeilingR17,712Tax ThresholdR99,000SARS 2026/2027LIVERepo Rate7.50%Prime Rate11.50%USD/ZAR~18.40VAT Rate15%UIF CeilingR17,712Tax ThresholdR99,000
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Odyssey Tools
HomeBuildings TrackerPlatinum Place
Johannesburg · Gauteng · Documented 31 August 2023

Platinum Place

Doornfontein, Johannesburg

Being MonitoredEvacuated — No Redevelopment PlanHijacked Building

Platinum Place, at Doornfontein, Johannesburg in Johannesburg, is documented in official city records and court papers as a hijacked building. Its current official status is recorded as: Evacuated — No Redevelopment Plan. The tracker classifies it as being monitored.

Documented details

Official statusEvacuated — No Redevelopment Plan
Building typeHijacked Building
Risk classificationBeing Monitored
AddressDoornfontein, Johannesburg, Johannesburg, Gauteng
Estimated occupantsNot available
Legal ownerNot available
Known syndicateNot available
Court order dateNot available
Documented fire incidentsNot available
Date documented31 August 2023

Formerly hijacked building in Doornfontein that was cleared of illegal tenants. Post-clearance inspection revealed inhumane living conditions — evidence of extreme overcrowding and absence of basic services. Building secured but no redevelopment confirmed.

Source — Daily Maverick

Documented 31 August 2023

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Data integrity and legal notice

Data is sourced from City of Johannesburg GFIS audit records, court papers obtained through public reporting, official municipal revitalisation plans, and documented fire incidents. Properties are described according to their official legal or municipal status — for example, “subject to eviction proceedings” or “classified as derelict under municipal audit” — rather than asserted as fact by Odyssey Tools independently.

This data is aggregated solely from official municipal filings, public court documentation, and published journalistic sources. It does not constitute independent valuation, legal advice, or structural assessment by Odyssey AI Labs. This tracker covers a documented sample — the City of Johannesburg alone reports 188 active hijacked building cases citywide.