The City of Johannesburg invites proposals for the sale of Erf 1177 Parkhurst, a 495 m² residential property. Bidders must demonstrate financial capability and comply with municipal regulations for development.
The City of Johannesburg is seeking proposals for the sale of Erf 1177 Parkhurst, a residential property measuring approximately 495 m². This property is currently vacant and zoned for residential use, allowing for a single dwelling. Interested bidders are required to submit a comprehensive proposal that includes proof of funding, a site development plan, and compliance with local zoning laws. The successful bidder will be responsible for obtaining all necessary approvals and will be expected to adhere to the City’s land use scheme and relevant legislation.
This tender represents a unique opportunity for developers and investors looking to capitalize on the growing demand for residential properties in the Parkhurst area, known for its vibrant community and accessibility. Bidders must ensure that their proposals align with the City’s objectives for economic growth and urban development. The minimum acceptable offer for the property is set at R990,000, and bids below this amount will not be considered. A compulsory briefing session will be held to provide further details and clarify any questions potential bidders may have.
This tender is suitable for real estate developers, property investors, and construction firms interested in residential development projects within the Johannesburg metropolitan area.
Answer a few questions — by voice, chat or a short form — and your official quote arrives as a PDF you can circulate for sign-off, ready to accept online. One fixed annual figure for your whole bid team.