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Comment on the proposed lease of City-owned garages in The Ridge Road, Clifton<span> <h2 class="sectHeading">About</h2></span> <p> In accordance with section 16.5 and 16.6 of the <a href="">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>Applicant name<br></th><th colspan="1" style="width:135px;">​Garage<br></th><th colspan="1" style="width:135px;">Monthly  rental<br>(Excl. VAT)​<br></th><th colspan="1" style="width:135px;">Proposed usage​<br></th><th colspan="1" style="width:135px;">Lease plan​<br></th></tr></thead><tbody><tr><td>Portion of Rem. Erf 148 </td><td style="width:122px;">± 24 m²</td><td>Neal Menashe<br></td><td colspan="1" style="width:135px;text-align:center;">J<br></td><td colspan="1" style="width:135px;">​R3 500 p/m<br></td><td colspan="1" style="width:135px;">​Parking and storage<br></td><td colspan="1" style="width:135px;">​<a href="" target="_blank">Access</a><br></td></tr><tr><td rowspan="1">​Portion of Rem. Erf 148<br></td><td rowspan="1" style="width:122px;">​± 20 m²<br></td><td rowspan="1">​John Hamilton Cullum<br></td><td colspan="1" rowspan="1" style="width:135px;text-align:center;">​14<br></td><td colspan="1" rowspan="1" style="width:135px;">​R3 600 p/m<br></td><td colspan="1" rowspan="1" style="width:135px;">​Parking<br></td><td colspan="1" rowspan="1" style="width:135px;">​<a href="" target="_blank">Access</a><br></td></tr></tbody></table><br></div>​​​</span> <p>We plan to lease the garages to <strong>Neal Menashe and John Hamilton Cullum</strong> or their successors-in-title for parking and storage purposes. <br></p><h4>Information Statement</h4><ul><li><strong>Reason: </strong>the property is not required for the provision of a minimum level of basic municipal service; </li><li><strong>Expected benefit:</strong> the property is underutilised, surplus to Council’s requirements, no demand exist for same, and the lease will furthermore relief Council of a maintenance burden and generate funds for the City of Cape Town; </li><li><strong>Expected proceeds:</strong> the City will receive a market related rental for the proposed lease for parking and storage purposes. The monthy rental fee (see table above) per garage (excl. VAT and incl. rates), will escalate at 6% per annum for a period of 10 (ten) years, subject to a rental review after a period of five years, and at any time to two month’s notice of termination.</li><li><strong>Expected gain or loss:</strong> no loss will be incurred by the City arising from the granting of right. </li><li><strong>The proposed transaction included a call for alternative proposals.</strong> The call for alternatives is not limited to a single bidder and should include the proposed rental and proposed use. </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><h2 class="sectHeading">Comment period</h2><p>Submit your comments from <strong>17 May – 17 June 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="" 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: Angelene Kelland</strong> </em><br><em>Property Transactions <br>PO Box 4557 <br>Cape Town <br>8000 </em></p><h2 class="sectHeading">Contact us</h2><p>For more information and general enquiries, contact:</p><h4>Angelene Kelland</h4><p> <em>Telephone:<br><a>021 400 6555</a><br><br> Email:<br><a href=""></a></em></p>GP0|#fe9f6d0f-3324-4eb2-b5e3-c8a35fa23124;L0|#0fe9f6d0f-3324-4eb2-b5e3-c8a35fa23124|Immovable property notices;GTSet|#a7cfb90d-44ad-4426-98ce-565f79932396;GPP|#79e6adda-2aa2-4523-bc29-296828216c9317 May – 17 June 20240



Garage 14 The Ridge Road, Clifton Lease Plan1502157GP0|#77ed9e13-fe40-4cff-a50b-e31d4851c4d9;L0|#077ed9e13-fe40-4cff-a50b-e31d4851c4d9|Draft plan;GTSet|#f1e8889f-f7d7-4d5b-a3f5-af0ca2e076ea;GPP|#4a698fa1-48a1-4def-afa7-749a0e063169;GPP|#0972c695-fd19-46c4-ab5d-9601f17b780e2024-05-17T10:00:00Z
Garage J The Ridge Road, Clifton Lease Plan274405GP0|#77ed9e13-fe40-4cff-a50b-e31d4851c4d9;L0|#077ed9e13-fe40-4cff-a50b-e31d4851c4d9|Draft plan;GTSet|#f1e8889f-f7d7-4d5b-a3f5-af0ca2e076ea;GPP|#4a698fa1-48a1-4def-afa7-749a0e063169;GPP|#0972c695-fd19-46c4-ab5d-9601f17b780e2024-05-17T10:00:00Z



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