CLOSING DATE FOR FILLING STATIONS TENDERS EXTENDED

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The closing date for the seven filling stations which went out on tenders on 8 April 2019, has been extended to 14 June 2019. The Joburg Property Company, (JPC) which manages the CoJ’s (City of Joburg) property portfolio, says the tenders were supposed to close on 17 May 2019.

There are six filling stations located in Soweto and one in Denver on Chilvers and Main Reef Roads, which is 1056m² and valued at R1 250 280. The two in Meadwlands are both situated on Van Onselen Road. These are Portion 3 of Erf 25506 which is 2877m² and Portion 19 of Erf 25506 which is 2537m², both with a value estimate of R471 744. Erf 1522 Mapetla is on Mathibe & Manotshe Mapetla Road, 1527m² and valued at R471 744.

The JPC says there’s also a 3627 m² filling station on Khumalo Road in Orlando which is valued at R262 800. It is around Vilakazi Street where the country’s most famous tourist destinations such as the Mandela Family Home Museum and the Hector Peterson Memorial are situated.

“With the closing date being extend, we hope to reach more potential investors that we can partner with to uplift the township economy. This is part of the City’s Mayoral Priorities to promote economic development and attract investment towards achieving 5% economic growth that reduces unemployment by 2021.

These went out shortly after the Executive Mayor Councillor Herman Mashaba took budding investors on a tour to three of the filling stations in Soweto earlier this year. The JPC also launched the Inclusive Economy Prospectus which has detailed information about the filling stations.