Investment

Investment

Investing In The City

Investing In The City

The City of Bulawayo offers various opportunities for the serious investor. A number of these are listed hereunder. However, it should be emphasized that the options are not limited to the given list. Council staff is geared and ready to assist any enquirers concerning any type of investment.

Standard Conditions of Sale


Standard Conditions of Sale

Selling price

Selling price

Payment of full purchase price or one quarter deposit + 15% VAT (on the full purchase price), the balance to be paid together with interest thereon at 6% pa within 24 months

Developments


Developments

In terms of the Model Building By-laws 1977, building plans should be submitted for approval for any proposed building construction.

A minimum of 66 2/3 % coverage shall be permitted.

Adequate parking space to accommodate all traffic likely to be generated by the proposed activities is to be provided within the confines of the stand.

Any developments should be in terms of Council approved building plans and should comply with the relevant by-laws. The stand is not to be occupied until such time that a potable water supply and approved sanitary facilities have been provided and an occupation certificate issued.

Developments should be commenced within 6 months and completed within 30 months of the date of sale.

The stand is to be suitably walled and gated.

Services


Services

Sewer and water connection costs will be indicated and these are payable by the developer.

Survey fees are also the responsibility of the purchaser.

The Zimbabwe Electricity Supply Authority's (ZESA) general servitude covering the property will be required. So too shall Council access to water and sewerage services. ZESA should be contacted with regards to load requirements.

Title Deeds


Title Deeds

Transfer shall be passed in favour of the purchaser upon full compliance with the minimum building requirements. Alternatively, transfer may be passed subject to a simultaneous registration of a mortgage bond in favour of a financial institutions such bond should be sufficient to cover the required buildings. The costs thereof shall be borne by the purchaser.

Environmental Protection


Environmental Protection

No plant, equipment or machinery is to be installed or utilized that will, in the opinion of Council, give rise to excessive pollution. Appropriate measures shall be undertaken to ensure that any emissions or pollution are minimized and maintained at acceptable levels.

How to Apply for a Stand(s)/Submission of Proposals for Development Projects (Requirements)


How to Apply for a Stand(s)/Submission of Proposals for Development Projects (Requirements)

Applicants are advised to submit the following information for consideration:

  • Company profile including ownership details (CR 14)
  • Approximate size of land required
  • Preferred area(s) such as Kelvin, Donnington, Thorngrove, Belmont.
  • Proposed use of stand (type of investment)
  • Level of intended investment both capital and operational.
  • Proof of funding
  • Project development program
  • Sketch plans
  • Servicing arrangements (where applicable)
  • Employment creation number of employees to be engaged.

Applications should be addressed to:

Town Clerk, City of Bulawayo,
P.O. Box 591, Bulawayo.
Fax 263-9-69701;
e-mail: tcdept@citybyo.co.zw.

Any enquiries should be directed to the City Economic Development Unit, telephone on 263-9-75011 extension 2326 or 2304 and 263 9 884892.

Bulawayo Welcomes You/Wozani

Investment

Investment

Investing In The City

Investing In The City

The City of Bulawayo offers various opportunities for the serious investor. A number of these are listed hereunder. However, it should be emphasized that the options are not limited to the given list. Council staff is geared and ready to assist any enquirers concerning any type of investment.

Standard Conditions of Sale


Standard Conditions of Sale

Selling price

Selling price

Payment of full purchase price or one quarter deposit + 15% VAT (on the full purchase price), the balance to be paid together with interest thereon at 6% pa within 24 months

Developments


Developments

In terms of the Model Building By-laws 1977, building plans should be submitted for approval for any proposed building construction.

A minimum of 66 2/3 % coverage shall be permitted.

Adequate parking space to accommodate all traffic likely to be generated by the proposed activities is to be provided within the confines of the stand.

Any developments should be in terms of Council approved building plans and should comply with the relevant by-laws. The stand is not to be occupied until such time that a potable water supply and approved sanitary facilities have been provided and an occupation certificate issued.

Developments should be commenced within 6 months and completed within 30 months of the date of sale.

The stand is to be suitably walled and gated.

Services


Services

Sewer and water connection costs will be indicated and these are payable by the developer.

Survey fees are also the responsibility of the purchaser.

The Zimbabwe Electricity Supply Authority's (ZESA) general servitude covering the property will be required. So too shall Council access to water and sewerage services. ZESA should be contacted with regards to load requirements.

Title Deeds


Title Deeds

Transfer shall be passed in favour of the purchaser upon full compliance with the minimum building requirements. Alternatively, transfer may be passed subject to a simultaneous registration of a mortgage bond in favour of a financial institutions such bond should be sufficient to cover the required buildings. The costs thereof shall be borne by the purchaser.

Environmental Protection


Environmental Protection

No plant, equipment or machinery is to be installed or utilized that will, in the opinion of Council, give rise to excessive pollution. Appropriate measures shall be undertaken to ensure that any emissions or pollution are minimized and maintained at acceptable levels.

How to Apply for a Stand(s)/Submission of Proposals for Development Projects (Requirements)


How to Apply for a Stand(s)/Submission of Proposals for Development Projects (Requirements)

Applicants are advised to submit the following information for consideration:

  • Company profile including ownership details (CR 14)
  • Approximate size of land required
  • Preferred area(s) such as Kelvin, Donnington, Thorngrove, Belmont.
  • Proposed use of stand (type of investment)
  • Level of intended investment both capital and operational.
  • Proof of funding
  • Project development program
  • Sketch plans
  • Servicing arrangements (where applicable)
  • Employment creation number of employees to be engaged.

Applications should be addressed to:

Town Clerk, City of Bulawayo,
P.O. Box 591, Bulawayo.
Fax 263-9-69701;
e-mail: tcdept@citybyo.co.zw.

Any enquiries should be directed to the City Economic Development Unit, telephone on 263-9-75011 extension 2326 or 2304 and 263 9 884892.

Bulawayo Welcomes You/Wozani