The City of Tshwane invites proposals for the long-term lease and development of Erf 241 Ga-Rankuwa Industrial. Bidders must demonstrate financial capacity and compliance with municipal regulations, with a minimum lease term of 30 years.
This tender seeks qualified bidders for the long-term lease and development of Erf 241 Ga-Rankuwa Industrial, a strategically located industrial property measuring approximately 9,917 m². The successful bidder will be required to develop the site in accordance with the City of Tshwane's spatial planning objectives, focusing on enhancing local economic development through industrial activities. Proposals must include a comprehensive development plan, demonstrating the ability to meet the city's requirements for job creation, skills development, and environmental sustainability.
Bidders should be prepared to engage in a non-compulsory briefing session to clarify any queries regarding the tender. The lease agreement will span 30 years, with a minimum upset rental of R26,680.00 per month, escalating annually. The development must adhere to all relevant municipal regulations and contribute positively to the local economy, particularly in supporting small and medium enterprises (SMMEs) and creating job opportunities for the surrounding communities. This initiative aims to activate an underutilized economic node, fostering inclusive growth and spatial justice within the region.
This tender is suitable for property developers, construction firms, and businesses specializing in industrial operations, particularly those focused on SMME support and economic development initiatives.