Shauwn Mkhize’s Five Sandown Properties to Be Sold Amid R113m Tax Debt

Shauwn Mkhize’s Five Sandown Properties to Be Sold Amid R113m Tax Debt

The Durban High Court has authorised the sale of five luxury residential properties in Sandown, Johannesburg, linked to businesswoman Shauwn Mkhize and her family, as the South African Revenue Service (SARS) pursues outstanding tax debts. In a ruling delivered on Monday, 26 October, Judge Jacqueline Henriques authorised a curator bonis to sell the properties, with the proceeds to be held in an interest-bearing trust account pending further legal proceedings.

According to TimesLIVE, SARS has one month from the date of the order to institute action seeking to have the properties, or the money generated by their sale, declared executable to settle the tax liabilities of Mkhize and the Zikhulise Group. The properties have an estimated combined market value of R35 million, while their collective forced-sale value is R24.5 million.

The application followed a preservation order granted on 21 November 2024 under the Tax Administration Act. SARS argued that the properties were losing value because of mounting expenses, including municipal charges, insurance, security and maintenance. The monthly security bill for the five properties was reported to be R188,000, which SARS has been paying in the interim. Municipal statements for four of the properties showed outstanding charges totalling R1.8 million as at 3 October 2025.

In her judgment, Henriques said the costs associated with preserving the properties were substantial and were contributing to the erosion of their value. The judge also noted that the properties, although registered in the names of two separate owners, effectively formed a single unit.

SARS indicated that, as at 19 September 2025, Mkhize had a personal income tax debt of R13.3 million. The revenue service also stated that she was personally liable for the Zikhulise Group’s tax indebtedness, including interest, amounting to R112.5 million. The reported figures place the combined liabilities at approximately R125.8 million, although the property-sale proceeds are only part of the broader legal process to recover the outstanding amounts. Henriques said the factual allegations in SARS’ founding affidavit had not been refuted by the parties opposing the application. She dismissed their preliminary legal objections and ruled that SARS was entitled to the order authorising the sale.

The proceeds will remain in the curator bonis’s trust account while SARS pursues the further action required to have the money declared executable against the outstanding tax debts.

https://www.timeslive.co.za/news/south-africa/2026-10-26-court-authorises-sale-of-sandown-properties-linked-to-shauwn-mkhize/

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