Palmer House, a Victorian mansion in South Africa, will sell for an undisclosed sum at auction, according to a report by the Johannesburg Times.
The property, located on the banks of the River Gavaskar, is valued at $531 million, the report said.
The owner, who was not named, will be auctioned off to the highest bidder, the Times reported.
Palmer House is a landmark property and one of the most iconic structures in the country.
The property is located on a small lake and has been a popular tourist attraction for years.
It’s also located in a rural area with very limited infrastructure and is located next to a former mining district.