Property Description: Rem of Erf 4372, Johannesburg – IR Reference Number: PRK-2019-42

REQUEST FOR PROPOSAL:

PART A

REQUEST FOR PROPOSAL FOR THE LEASE AND UPGRADE OF TIPPET BUILDING

AT PARK STATION - PTN OF REM OF ERF 4372

DATE OF BRIEFING SESSION/CLOSING DATE AND VENUE

Compulsory Briefing Session Date: Monday, 6th May 2019 at 14:00

Briefing Venue: Umjantshi House, 30 Wolmarans

Street, Braamfontein, Johannesburg

Closing Date for RFP Submission: Wednesday, 25th September 2019

Closing Time for RFP Submission: No later than 12:00 (noon)

Submission Venue: Umjantshi House, 30 Wolmarans

Street, Braamfontein, Johannesburg

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Property Description: Rem of Erf 4372, Johannesburg – IR Reference Number: PRK-2019-42

REQUEST FOR PROPOSAL: FOR LEASE AND UPGRADE OF TIPPET BUILDING AT PARK

STATION:

Property Description: Rem of Erf 4372, Johannesburg – IR

Reference Number: PRK-2019-42

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Property Description: Rem of Erf 4372, Johannesburg – IR Reference Number: PRK-2019-42

CONTENTS

1. INTRODUCTION ............................................................................................................................... 4

2. RFP INVITATION .............................................................................................................................. 5

3. LOCATION ........................................................................................................................................ 5

4. LEGAL STATUS AND OWNERSHIP ............................................................................................. 6

5. ZONING STATUS ............................................................................................................................. 6

6. LOCAL AUTHORITY ....................................................................................................................... 6

7. TYPE OF PROPERTY AND SIZE ................................................................................................... 6

8. LAND SG DIAGRAM AND DEED NUMBER ................................................................................. 7

9. CURRENT AND POTENTIAL USAGE ........................................................................................... 7

10. AMENITIES AND SURROUNDING .......................................................................................... 7

11. ENQUIRIES ................................................................................................................................. 7

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Property Description: Rem of Erf 4372, Johannesburg – IR Reference Number: PRK-2019-42

1. INTRODUCTION

1.1 PRASA STRATEGIC PROPERTIES PROGRAMME

The Passenger Rail Agency of South Africa (PRASA), through its Property Division, PRASA Corporate

Real Estate Solutions (PRASA CRES) has embarked on a Strategic Properties Lease,

Upgrade/Development Programme. PRASA's secondary mandate is to generate income from the

exploitation of assets acquired by it, which includes real estate portfolio. PRASA Corporate Real Estate

Solutions (CRES) is a division of PRASA, which is responsible for managing the company's property

portfolio. PRASA CRES delivers on its mandate by providing property management, project development

and facilities management services through five regional offices in South Africa - Gauteng North,

Gauteng South, Kwa-Zulu Natal, Eastern Cape and Western Cape.

The Strategic Properties Programme is part of PRASA’s secondary mandate to commercialise its

vast property base and to raise revenue. Using the Build, Operate and Transfer (BOT) model to

lease, upgrade and commercialise its buildings and land, the division has advertised these

opportunities and will award leases to suitable tenants. Some of the benefits of the programme to

PRASA include generating additional revenue, securing unused land, eliminate the high cost of

servicing unused PRASA Land & Buildings and add value to communities where our properties are

located by providing goods and services.

In April 2019, PRASA advertised a list of 30 land parcels and/or buildings to either be leased,

developed and upgraded. PRASA is calling for Requests For Proposals( RFP) by advertising this

set of opportunities in various newspapers. This will be followed by briefing sessions in respective

regions (Gauteng, Western Cape, KwaZulu-Natal and Eastern Cape).

1.2 IMPORTANT DOCUMENTS AND RFP COMPLETION GUIDELINES

This is Part A of the documents required to prepare and submit the potential tenants request for proposal

bids. This should be read in conjunction with Part B which includes the following information:

PART B:

Details of applicant

Proposal declaration

Application forms

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Property Description: Rem of Erf 4372, Johannesburg – IR Reference Number: PRK-2019-42

Joint venture agreement

Guidelines for submitting

Evaluation Criteria

2. RFP INVITATION

PRASA CRES, a division of PRASA (The Passenger Rail Agency of South Africa) hereby invites

interested persons to submit proposals to lease and upgrade the following property: Rem of Erf 4372,

Johannesburg – IR.

3. LOCATION

The property is located south and adjacent to the Western Concourse of Park Station building, East of

Rissik Street and North Entrance of Park Station De Villiers str.

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Property Description: Rem of Erf 4372, Johannesburg – IR Reference Number: PRK-2019-42

4. LEGAL STATUS AND OWNERSHIP

The property is developed on the following ervens: Rem of Erf 4372, Johannesburg – IR and the building

is owned by PRASA.

5. ZONING STATUS

Zoning Classification: SAR.

PRASA properties are generally located in rail precincts and previously not subjected to Municipal Zoning

schemes and thereby classified under South African Railway (SAR). The zoning status above is specific

to this site, however bidders are required to verify this status with local municipal offices in order to

evaluate and match the proposed usage with the local authority by-laws.

6. LOCAL AUTHORITY

Johannesburg Metropolitan Municipality.

7. TYPE OF PROPERTY AND SIZE

The property measures approximately 4481m² (8 floors).

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Property Description: Rem of Erf 4372, Johannesburg – IR Reference Number: PRK-2019-42

8. LAND SG DIAGRAM AND DEED NUMBER

A4257/1992 T48719/1989

9. CURRENT AND POTENTIAL USAGE

Currently used as offices, ideal for mixed – use development with emphasis on transit orientated

development (medium to high density residential or other)

10. AMENITIES AND SURROUNDING

Tippet Building is part of Park Station and surrounded by other office buildings, academic

institutions, Newtown Cultural precinct and the recently established shopping centre - Newtown

Junction. Park Station is not only centrally located in the heart of Johannesburg, but the station

precinct offers an impressive inter-modal functionality to its users. The Park station inter-modal

facility links the city with key nodes in Gauteng through the Gautrain Rapid Rail system that

connects the station with Rosebank, Sandton, OR Tambo Airport, Midrand, Pretoria and Hatfield.

The station also supports commuters to township and suburban residential areas in Gauteng

through the availability of the Metro train service, Bus Rapid transport system (BRT), and metered

taxis, including local and long distance mini bus taxis.

South Station is a walking distance to and from all big taxi ranks in the CBD such as Bree,

MTN/Noord and Cross boarder rank. All major national bus companies, for example Intercape and

Translux, have ticket offices and departure points at the station, providing a convenient one-stop

facility for the precinct users. The Shosholoza Meyl and Premier Classe train services provide

another alternative for long distance commuters.

11. ENQUIRIES

For all enquiries, please contact Mr Msebenzi Mabona at

e-mail: mmabona@prasa.com