City of Cape Town Link

Comment on the proposed lease of a portion of Vrystaat Road in Paarden Eiland

<div class="ExternalClass3B94DCB181504CE9870F9A717AF7802B"><p>We are considering the lease of City-owned property in Paarden Eiland, and we want to hear from you.</p></div>

<span> <h2 class="sectHeading">About</h2></span> <p> In accordance with section 16.5 and 16.6 of the <a href="http://resource.capetown.gov.za/documentcentre/Documents/Bylaws%20and%20policies/Management%20of%20Certain%20of%20the%20City%20of%20Cape%20Towns%20Immovable%20Property%20Policy%20-%20approved%20on%2026%20August%202010.pdf">Management of certain of the City of Cape Town’s Immovable Property Policy</a> (adopted by Council on 26 August 2010 C54/08/10) and Chapter 4 of the Municipal Asset Transfer Regulations (2008) we are considering the lease of the following City-owned property:<br></p> <span> <div class="mobile-scroll"><table style="width:600px;"><thead><tr><th>Erf/farm number<br></th><th style="width:122px;">Extent (±)</th><th colspan="1" style="width:135px;">Street and suburb<br></th><th colspan="1" style="width:135px;">Current zoning<br></th></tr></thead><tbody><tr><td>Erf 16801-Re Cape Town</td><td style="width:122px;">± <br>89 m² (security) and 173 m² (storage) respectively </td><td colspan="1" style="width:135px;">Vrystaat Road, Paarden Eiland, Cape Town<br></td><td colspan="1" style="width:135px;">Open space 2: Public open space<br></td></tr></tbody></table></div></span> <p>We plan to lease the property to <strong>Commercial Cold Storage (Pty) Ltd </strong>for parking, storage and security purposes. </p><h4>Information Statement</h4><ul><li>The reason for the proposal to grant a long-term right to use control or manage the relevant asset – Granting the proposed lease will generate a monthly market rental income for the City. </li><li>The expected benefit to the municipality that may result from the granting of the right – The City will benefit from this proposed lease in terms of receiving revenue. </li><li>The expected proceeds to be received by the Municipality resulting from the granting of the right – The City will receive the proceeds of a rental income of R3 300.00 per month exclusive of VAT and inclusive of rates for a period of 10 years. </li><li>The expected gain or loss that will be realised or incurred by the Municipality arising from the granting of right – No loss will be incurred by the City arising from the granting of right. </li></ul><p>In terms of section 17 of the Local Government: Municipal Systems Act, Act 32 of 2000, you can submit comments to the municipality in respect of the proposed lease. </p><p> <a href="https://resource.capetown.gov.za/documentcentre/Documents/City%20strategies%2c%20plans%20and%20frameworks/VrystaatRoad_PaardenEiland_Lease_Plan.pdf" target="_blank">Access the lease plan</a>.<br></p><h2 class="sectHeading">Comment period</h2><p>Submit your comments from <strong>22</strong><strong> November</strong><strong> – 23 December 2024</strong>.</p><h2 class="sectHeading">Submit your comment</h2><p>Submit your comments via the following channels:</p><p> <strong>Online</strong><br><a href="https://web1.capetown.gov.za/web1/websitefeedback/?id=c856cd29-abd5-4d37-bda7-2de5639a2934" target="_blank">Submit your comments online</a>.</p><p> <strong>Post</strong><br> Written submissions can be sent to:</p><p> <em><strong>For attention: Marne November</strong> </em> <br> <em>City of Cape Town <br>Tygerberg Region <br>PO Box 100 <br>Goodwood <br> 7460 </em></p><h2 class="sectHeading">Contact us</h2><p>For more information and general enquiries, contact:</p><h4>Marne November</h4><p> <em>Telephone:<br><a>021 400 4168</a><br><br> Email:<br><a href="mailto:marne.november@capetown.gov.za">marne.november@capetown.gov.za</a></em></p>

22 November – 23 December 2024

Vrystaat Road, Paarden Eiland Lease Plan

567130

2024-11-21T22:00:00Z