Cape Town sells industrial zoned land by Tender

Posted On Tuesday, 07 May 2013 13:11 Published by Commercial Property News
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The City of Cape Town is placing a number of its properties onto the market to stimulate economic development, deputy mayor Ian Neilson said on Monday.

Ian Neilson"The release of this land is part of this administration's commitment to building an opportunity city in which the economy grows and jobs are created, particularly in areas that were previously deprived of development," he said in a statement.

Six vacant plots with industrial zoning were released in Atlantis after parties looking to establish or expand their businesses expressed interest. Three vacant plots with business development zoning were released in Strandfontein, Mitchells Plain, and Macassar.

Neilson said eight vacant plots for single residential purposes were released in Constantia, Kensington, Lansdowne, Mitchells Plain, Surrey Estate, and Heathfield.

"These areas are specifically targeted in accordance with the City's integrated development plan objective to utilise, where available, under-utilised municipal property to leverage growth and sustainable development in poorer communities."

The official tender documents could be obtained from the civic centre.

Last modified on Saturday, 18 May 2013 22:53
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