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 renewal of the lease of the following City-owned property:

We plan to lease the property to Erf 145444 Paarden Eiland (Pty) Ltd or its successors-in-title for parking purposes.

Information statement

• Reason: The property is not required for the provision of a minimum level of basic municipal service; 
• Expected benefit: The property is underutilised, surplus to Council’s requirements, no demand exist for same, and the lease will furthermore relieve Council of maintenance burden and generate funds for the City of Cape Town; 
• Expected proceeds: The City will receive a market related rental for the proposed lease for parking purposes. A market rental of R2 500.00 per month, exclusive of VAT and inclusive of rates. The lease shall be for a period of ten (10) years, subject to a rental review after five (5) years, with an option to renew for a further period of ten (10) years. The monthly rental is to escalate on the basis of 7% per annum. 
• Expected gain or loss: 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.

Submit your comments from 2 October – 2 November 2026.

Submit your comments via the following channels:

Online
Submit your comments online.

Post
Written submissions can be sent to:

For attention: Angelene Kelland
Property Transactions
PO Box 4557
Cape Town
8000

For more information and general enquiries, contact:

Angelene Kelland

Telephone:
021 400 6555

Email:
angelene.kelland@capetown.gov.za