The City of Tshwane invites proposals for the long-term lease and development of Erven 41-45 in Ga-Rankuwa Industrial. Bidders must demonstrate financial capacity and comply with municipal regulations.
This tender seeks qualified bidders for the long-term lease and development of five council-owned industrial properties located in Ga-Rankuwa. The properties, covering an area of approximately 85,240 m², are zoned for industrial use and are strategically positioned within a growing economic corridor. The successful bidder will be required to develop the site in accordance with the City’s spatial development framework, focusing on enhancing local economic activity and job creation. Bidders must provide a comprehensive development plan, including timelines and compliance with environmental regulations, and demonstrate their financial capacity through audited financial statements.
The project aims to revitalize the Ga-Rankuwa Industrial Precinct, which has significant potential for economic growth due to its proximity to major transport routes and educational institutions. The development should prioritize local SMME involvement and contribute to the township economy by creating job opportunities and fostering skills development. Additionally, the lease agreement will span a period of 30 years, with a minimum upset rental set at R391,920 per month, escalating annually. Interested parties must attend a non-compulsory briefing session to clarify tender requirements and expectations.
This tender is suitable for property developers, construction firms, and businesses focused on industrial operations, particularly those with experience in developing and managing industrial properties and a commitment to local economic development.