King David Mowbray Golf Club lease renewal on Council agenda
18 April 2023
The Cape Town City Council will, on 26 April 2023, consider the authorising of public comment on the 10-year renewal of the King David Mowbray golf club. The lease timeframe, and importantly the introduction of a new two-year cancellation clause, follows the City identifying the site, or portions thereof, for mixed-use development in a pre-feasibility study concluded last year. The lease renewal timeframe will enable continued usage of the site while the City undertakes the necessary planning for substantial upgrades to municipal infrastructure to enable future development. The City has made it clear that it intends to pursue mixed-use development on this site, including residential development.
The City’s Mayoral Committee (Mayco), on 18 April, resolved that the authorisation for public participation proceed to Council for consideration.
The current lessee is a registered Not-for-Profit organisation and will be responsible for the estimated R6 million annual maintenance and security cost of the property, aside from the R10 000 per annum golf tariff applicable to all courses on City land for the 2023/24 financial year. The current lessee has made significant contributions to the upgrading of the property over time.
‘The proposed lease period enables secure use of the site and saves costs while the City plans for substantial infrastructure upgrades to enable future mixed-use development, including road network improvements, electrical and waste water treatment infrastructure. These development planning and infrastructure processes will take some time, hence the proposed 10-year lease period and the new two-year cancellation clause. In this way, the City is making clear our intent for the future,’ said Alderman James Vos, Mayoral Committee Member for Economic Growth.
Further details on public participation will be announced should Council authorise the comment process later this month.
End
Published by:
City of Cape Town, Media Office
