The City of Tshwane invites proposals for the long-term lease and development of Erf 80 Ga-Rankuwa Industrial. Bidders must demonstrate financial capacity and compliance with local regulations to enhance economic growth in the region.
The City of Tshwane is seeking proposals for the long-term lease and development of Erf 80 Ga-Rankuwa Industrial, a strategically located industrial property. This tender aims to activate a key township economy node by attracting investment and fostering local economic development. Bidders are required to submit a comprehensive development plan that aligns with the City’s objectives for spatial justice and inclusive growth. The successful bidder will be responsible for developing the site in accordance with the approved plans and must comply with all relevant legislation and municipal bylaws.
The property spans approximately 36,301 m² and is zoned for industrial use, making it ideal for light to medium manufacturing, logistics, and related activities. Bidders must demonstrate their experience in similar projects and provide a detailed project implementation plan, including timelines and milestones. The lease agreement will be for a period of 30 years, with an option for renewal, and the minimum upset rental is set at R52,210.00 per month, escalating at 7% annually. This initiative not only aims to generate revenue for the municipality but also to create job opportunities and stimulate the local economy.
This tender is suitable for property developers, construction firms, and businesses involved in industrial operations, logistics, and manufacturing that are looking to expand their footprint in a growing economic area.