The City of Joburg Property Company invites proposals for leasing Erf 516 in Mayfair, a 495 m² property currently used as a tyre fitment centre. Bidders must demonstrate relevant experience and submit a comprehensive maintenance plan.
This tender seeks proposals for the lease of Erf 516 Mayfair, a strategically located property along Albertina Sisulu Road, ideal for a tyre fitment centre and related businesses such as wheel alignment and car servicing. The successful bidder will enter a lease agreement for a duration of 9 years and 11 months, with a minimum rental offer of R7,800 per month, excluding VAT. Bidders are required to provide proof of experience in managing or owning similar businesses, along with a detailed 10-year maintenance plan for the facility. Compliance with all municipal regulations and the submission of necessary documentation, including a valid tax compliance status, is mandatory.
The property is situated in a mixed-use area, providing excellent visibility and access to potential customers. The City of Joburg Property Company aims to maximize the social and economic value of its properties, and this lease opportunity is designed to support local businesses while ensuring the upkeep of municipal assets. Bidders must adhere to specific usage guidelines and submit a site development plan for approval, ensuring that all improvements made during the lease term revert to the City upon expiration of the lease.
This tender is suitable for businesses specializing in automotive services, particularly those with experience in tyre fitment, car servicing, or related fields. Companies looking to expand their operations in a high-traffic area with a strong customer base should consider applying.
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