About

In accordance with section 16.5 and 16.6 of the Management of certain of the City of Cape Town’s Immovable Property Policy (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:

We plan to lease the property to IS Consultancy (Pty) Ltd or its successors-in-title for for parking purposes.

Information statement

• 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 rental income for the City.
• The expected benefit to the municipality that may result from the granting of the right – The City will benefit from this proposed lease, as the City’s premises will be utilised/maintained as well as revenue generated.
• 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 R7 100.00 (excluding VAT) per month.
• 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.

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.

Access the lease plan.

Comment period

Submit your comments from 24 July - 24 August 2026.

Submit your comment

Submit your comments via the following channels:

Online
Submit your comments online.

Post
Written submissions can be sent to:

For attention: Natalie Roberts
Property Transactions
City of Cape Town
Tygerberg Region
PO Box 100
Goodwood
7460

Contact us

For more information and general enquiries, contact:

Natalie Roberts

Telephone:
021 444 7798

Email:
natalie.roberts@capetown.gov.za

Document downloads

• 1. Cnr of Carstens and Edward Streets, Parow Lease Plan

     24/07/2026, Draft plan - 856 KB