Comment on the proposed lease of City-owned property in Cape Town | Comment on the proposed lease of City-owned property in Cape Town | | <img alt="" src="https://resource.capetown.gov.za/cityassets/PublishingImages/CityConnectHeader.png" style="BORDER:0px solid;" /> | <div class="ExternalClass7231170693D544839D8503DE1070CE11"><p>We are considering the lease of City-owned property in Cape Town, 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" target="_blank">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 for the following City-owned property:</p>
<span>
<table style="width:515px;"><thead><tr><th style="width:106px;">Erf/Farm number</th><th style="width:104px;">Extent (±Ha)</th><th colspan="1">Street and suburb</th><th colspan="1">Current zoning</th></tr></thead><tbody><tr><td style="width:106px;height:87px;">Portions of Remainder Erf 1428 and Erf 1429 Cape Town and a Portion of Unregistered State Land, Abutting Erf 1426</td><td style="width:104px;height:87px;">± 2 476 m²</td><td colspan="1" style="height:87px;">Cnr of Mechau Street and Buitengracht Street, Cape Town</td><td colspan="1" style="height:87px;">Transport 2: Public Road and Public Parking </td></tr></tbody></table></span>
<p>We plan to lease the property to
<strong>Mottola Property Investments (Pty) Ltd </strong>or its successors-in-title for parking and security purposes.</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 security purposes. A rental of R101 500,00 per month (exclusive of VAT and inclusive of rates), escalating at 7% per annum for a period of 3 (three) 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. <br>
Usage – Parking and security purposes
</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/BuitengrachtSt_CapeTown_Lease_Plan.pdf" target="_blank">Access the lease plan</a>.</p>
<span>
<h2 class="sectHeading">Comment period</h2></span>
<p>Submit your comments from
<strong>25 April</strong><strong> – 27 May 2025</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=629cedb3-99f9-4b58-9c65-686befe7c43a" target="_blank">Submit your comments online</a>. </p><p>
<strong>Post </strong>
<br>Written submissions can be sent to: </p><p>
<strong>
<em>For attention: Angelene Kelland</em></strong><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="mailto:angelene.kelland@capetown.gov.za">angelene.kelland@capetown.gov.za</a> </em></p> | | GP0|#a5736391-e79d-4eaf-afe0-24756300063b;L0|#0a5736391-e79d-4eaf-afe0-24756300063b|Immovable property notices;GTSet|#a7cfb90d-44ad-4426-98ce-565f79932396;GPP|#79e6adda-2aa2-4523-bc29-296828216c93 | | | | | | | | | | | | | | | | 25 April – 27 May 2025 | 0 |