Long Term Property Lease

Open Closing: 2 Oct 2026 at 12:00 Published: 1 Sep 2026

Overview

Summary

The Sarah Baartman District Municipality seeks proposals for a long-term lease of property located on Govan Mbeki Avenue. Bidders must submit necessary documentation, including company registration and municipal account statements.

Detailed Description

The Sarah Baartman District Municipality invites bids for the long-term lease of a retail property situated on Govan Mbeki Avenue. This property encompasses approximately 1,000 m² of ground floor space, ideal for various retail operations, with excellent visibility and street exposure. The lease period is a minimum of five years, with negotiations possible regarding terms and availability. Bidders are required to provide comprehensive proposals detailing their intended use of the property, including any development plans.

To qualify, bidders must submit mandatory documents such as certified ID copies of directors, proof of municipal account status, and completed MBD forms. The evaluation will follow an 80/20 preference points system, focusing on price, locality, and B-BBEE status. The successful bidder will be expected to comply with all contractual obligations and provide value for money, as the municipality reserves the right to reject any bids that do not meet the specified criteria.

Suitable Businesses

This tender is suitable for real estate firms, property management companies, and businesses looking to establish a retail presence in a high-traffic area. Companies with experience in property leasing and development are encouraged to apply.

Documents

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Location & Address

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Contact Information

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Special Conditions

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