By Johnathan Paoli
The City of Cape Town is preparing for a major land release in early 2026, with plans to auction approximately 50 City-owned properties as part of a strategic push to stimulate economic growth across the metro.
The properties, which will be offered for sale and lease, are zoned for residential, commercial and industrial use and have been declared surplus to municipal requirements.
City officials say the large-scale auction is designed to attract private-sector investment, unlock underutilised land, and generate revenue that will be reinvested into essential municipal services.
While the final auction date has not yet been confirmed, it is expected to take place in the first part of next year.
Mayoral Committee Member for Economic Growth James Vos, described the initiative as central to the City’s economic development strategy.
He said the release of well-located land was necessary to ensure that public assets actively contribute to
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