The City of Johannesburg invites proposals for the sale of Portion 1 of Erf 60 Park Town, a prime 1756 m² vacant site. Bidders must demonstrate financial capability and comply with zoning regulations for development.
This tender seeks proposals for the sale of Portion 1 of Erf 60 Park Town, strategically located at 22 Ridge Road. The site, measuring 1756 m², is zoned for Business 4 and is ideal for community-focused or recreational development. Interested bidders are required to submit a comprehensive proposal that includes proof of funding, a site development plan, and compliance with all relevant municipal regulations. The successful bidder will be responsible for all costs associated with the transfer, rezoning, and development of the property, ensuring adherence to heritage site regulations due to its proximity to Hazeldene Hall.
Bidders must provide a detailed funding plan and demonstrate their ability to meet the minimum purchase offer of R5,400,000. The evaluation will be conducted in two stages: functionality and price, with a minimum threshold of 70 points required for further consideration. This opportunity not only allows for potential financial returns but also contributes to the enhancement of community infrastructure within Johannesburg's inner-city greenbelt.
This tender is suitable for property developers, real estate investors, and construction firms with experience in community-focused projects and the ability to navigate municipal regulations.
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.