Prime property for container development


13 August 2018 | Government

Jessica Botes

An erf measuring nearly 18 000 m² located east of the Swakopmund Aquarium will be subdivided and sold to the ministry of fisheries and marine resources and a private developer.

Proposals for the development of the area were first received during 2015 when the municipality’s engineering services department called for an expression of interest from institutions in Namibia for the integrated development of the property.Various proposals were received and submitted to the management committee in November 2015 for consideration. The committee, however, decided to refer the matter back and that all the developers be invited to make their presentations. Since then various meetings have taken place and presentations were done regarding the property.

The successful developer, Fiscon Investments 23 CC, made a presentation to the council’s management committee in respect of the layout for the proposed development.

Fiscon and the ministry were informed that the town council agreed in principle with the proposal but that the parties must confirm in writing the actual size each required and the terms of the agreement between the ministry and Fiscon.

Fiscon replied with a supporting letter from the ministry to confirm the layout and provided a copy of the revised diagram from a land surveyor. The total size of the property is 17 961 m² of which Fiscon will receive 15 583 m² and the ministry 2 378 m².

The municipal bungalows are located on this erf, thus council recommended that the portion needs to be subdivided to create two separate erven for the proposed development. Council recommended during its recent ordinary council meeting that the provision of parking would be essential, considering the influx of tourists to the area.

It also recommended that a decision should be made whether the proposed container development can be considered in terms of the requirements of the Aesthetics guidelines, the town planning amendment scheme and building regulations.

“Keeping in mind the requirements of the Aesthetics guidelines in terms of the use of containers as structures for the development, it is proposed to sell the portions of land individually to the two entities,” said council.

The price of the property to be sold to Fiscon and the ministry will be determined on two valuations for the property.

Pending an agreement between Fiscon and the ministry of fisheries and marine resources on the allocation of the property, the transaction could not be finalised.

On 17 August 2017 the ministry confirmed in writing the sharing agreement and the demarcation by the municipality for the integrated development of the property by Fiscon.

The matter was then submitted to the planning forum on 24 October 2017 for discussion and thereafter to the management committee for consideration. Fiscon and the ministry were again invited to the management committee meeting of 16 January 2018 to discuss the property sharing arrangements.

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