The Garden Route District Municipality seeks proposals for professional services in the valuation, auctioneering, and conveyancing of redundant non-core immovable properties over a three-year period. This initiative aims to reduce holding costs and generate revenue.
The Garden Route District Municipality (GRDM) is inviting proposals from qualified service providers for the comprehensive management of the valuation, auctioning, and conveyancing of non-core immovable properties. The successful bidder will be responsible for the end-to-end disposal process, which includes conducting valuations, preparing properties for sale, and facilitating the auction process through a public online platform. The contract duration is three years, during which the appointed service provider will help the municipality reduce ongoing holding costs associated with these properties while generating additional revenue to support municipal services.
Bidders are expected to demonstrate their capability in managing the disposal of immovable assets, including providing detailed methodologies for valuation and marketing strategies to attract potential buyers. The proposal must also include a project implementation plan, risk management strategies, and a clear outline of the services offered, including the preparation of properties for sale and the execution of conveyancing processes. This tender presents a significant opportunity for businesses specializing in property management, valuation, and auction services to contribute to municipal objectives while enhancing their portfolio.
This tender is suitable for property valuation firms, auctioneering companies, and conveyancing attorneys with experience in managing municipal property sales and a proven track record in similar projects.