Transnet National Ports Authority invites bids for the lease of Kings Flats no. 16344 in Bayhead, Durban, for port-related commercial activities. The lease term is for ten years, with immediate availability for suitable businesses.
This tender is for the leasing of Kings Flats no. 16344, located in Bayhead, Durban, which encompasses an area of approximately 3,012 m². The premises are intended for port-related commercial activities, including but not limited to recreational services, maritime value-added services, and hospitality operations. Bidders must demonstrate their capability to refurbish and maintain the property, ensuring compliance with all relevant laws and regulations. The successful bidder will be responsible for all holding costs during the beneficial occupation period, which must be justified in a detailed business plan.
The lease agreement will be structured for a duration of ten years, with the option for beneficial occupation immediately upon signing. Bidders are required to conduct site inspections and submit a comprehensive business plan that outlines their operational strategy, financial viability, and alignment with the Port Development Framework Plan. This is an excellent opportunity for businesses looking to establish or expand their presence in the port sector, contributing to the economic growth of the region while benefiting from the strategic location of the Port of Durban.
This tender is suitable for businesses involved in maritime services, hospitality, recreational activities, and other commercial enterprises that can utilize port facilities effectively.