This tender invites proposals for the long-term leasing of a 639m² commercial property for a duration of 30 years. Interested parties must demonstrate financial capability and relevant experience in property management.
The Ethekwini Metropolitan Municipality is seeking proposals for the long-term leasing of Portion 9 of Erf 136, located at 33 Powell Road. This property, measuring 639m², is intended for commercial use and offers a unique opportunity for businesses looking to establish a long-term presence in a strategic location. The lease term is set for 30 years, providing stability and potential for growth in the area.
Prospective lessees are required to submit detailed proposals that outline their business plans, financial stability, and experience in managing similar properties. The municipality aims to partner with a tenant that not only meets the financial criteria but also aligns with community development goals. This lease represents a significant opportunity for businesses to secure a prime location while contributing to the local economy and community initiatives.
This tender is suitable for real estate firms, property management companies, and businesses seeking a stable long-term location for operations. Companies with experience in commercial leasing and a strong financial background are encouraged to apply.
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