The City of Cape Town will host its latest property auction on Thursday, May 29, 2025 and is offering a selection of 13 residential, industrial and commercial sites across the metro. The revenue was generated from the city auctions that will be reinvested into municipal infrastructure and service delivery in Cape Town.
Reportedly, the 13 City-owned properties will be auctioned consisting of 11 improved properties and two vacant properties. The areas will majorly include Constantia, Philippi, Woodstock, Gardens, Maitland, Khayelitsha, Vredehoek and Kraaifontein.
Zoning of the improved properties will vary and include residential, utility and general business properties. The prime site within the Wynland Industrial Park in Kraaifontein is about 9.2 hectares, zoned General Industrial 2.
Strategically, located along the N1 corridor, this property is ideally positioned to catalyse economic growth by unlocking private sector-led development opportunities. The envisioned development is expected to drive job creation and contribute to broader socio-economic upliftment, that will particularly benefit the surrounding communities such as Wallacedene and Bloekombos, and the broader Cape Town.
The property falls within the distribution area of Eskom, with power supply available by application. The capacity of the electricity has been enhanced significantly by the new 40MVA Denova 132/11 kV substation, which was commissioned in 2024. It is also supported by a reliable 11 kV network fed from three substations, Scottsdene, Muldersvlei and Denova by ensuring the sufficient supply for heavy industrial use.
There is also a vacant erf in Khayelitsha, which only the first-time home buyers with an income bracket of between R13,000 and R22,000 can bid for.
It is an auction that formed a part of the ongoing strategy to release the well-located, unused city-owned properties that are not required for municipal purposes. These sites were made available to the open market, as they created space for the private sector to participate in the growth and development of the city Cape Town.
They have long held view that no government should act as a land blank. The properties that served no strategic or service delivery need must be unlocked to help in driving economic activity, generate investment and support the job creation.
However, the auction represents more than just the sale of land, as it is a catalyst for inclusive economic growth. The Wynland Industrial Park development is poised to unlock the substantial private-sector investments and create significant employment opportunities.
These projected outcomes will align with the 2022-2027 Integrated Development Plan and broader economic strategy of the City of Cape Town, that both the priorities infrastructure will lead growth and regional economic development.
Notably, proceedings of the auction will be reinvested into municipal infrastructure and service delivery, that ensured the release of the sites not only to empower the residents and businesses but also to deliver direct benefits of the city.