Ref Lease 574/1
ETHEKWINI MUNICIPALITY
NOTICE OF SALE BY PUBLIC TENDER OF PROPOSED ERF (2), BEING A CONSOLIDATION OF PROPOSED PORTION [3] OF ERF 11162 AND PROPOSED ERF [4] ALL OF DURBAN FOR GENERAL BUSINESS 3 PURPOSES RESTRICTED TO HOTEL
Notice is hereby given in terms of Section 233(2)(a) of the Local Authorities Ordinance, 1974 (Ord 25 of 1974) that the Municipality hereby offers for sale by public tender, the following property as contained in and subject to the terms and conditions of the sale agreement.
|
PROPERTY DESCRIPTION |
ADDRESS |
ZONING |
EXTENT [in m²] |
UPSET PRICE |
|
Proposed Erf (2), being a consolidation of proposed Portion [3] of Erf 11162 and proposed Erf [4] all of Durban |
60 Old Fort Road |
To be rezoned General Business 3 Restricted to Hotel |
7 500m 2 |
R5 880 000,00 (Five Million Eight Hundred and Eighty Thousand rand only). |
Tenders will be adjudicated in terms of the Preferential Adjudication System Applicable to the Sale or Lease of Municipality – Owned Immovable Property.
The conditions of tender may be collected during office hours at the Offices of the Real Estate Department, 17 th Floor, 75 Winder Street for a period of 9 weeks commencing Friday, 10 th February 2006 or may be downloaded from our website at http://www.durban.gov.za/eThekwini/Municipality/rfps_tenders/public
Enquiries to telephone number (031) 336 2539 (M Andrews)
A briefing session will be held on Wednesday, 15 March 2006 commencing 8H30 at the International Convention Centre.
Tenders will be opened at 11H00 on Thursday, 13 April 2006, in the Foyer, Rennie House, 41 Victoria Embankment Durban
The Municipality is not obliged to accept the highest or any offer received.
MO SUTCLIFFE
MUNICIPAL MANAGER
City Hall
West Street
DURBAN
( 10 February 2005)
Publisher: Ethekwini Municipality
Source: Ethekwini Municipality
