Question NW82 to the Minister of Finance

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07 August 2019 - NW82

Profile picture: Mente-Nqweniso, Ms NV

Mente-Nqweniso, Ms NV to ask the Minister of Finance

(a) What number of (i) buildings, (ii) properties and (iii) facilities does the National Treasury currently (aa) own and (bb) rent, (b) what is the value and purpose of each (i) owned and (ii) rented property and (c)(i) for how long has each property been rented, (ii) from whom is each property rented and (iii) what is the monthly rental fee for each property?

Reply:

(a) (i) (ii) (iii) (aa)

Own

Nil

(a) (i) (bb)

Rent

Three (3) buildings:

- 1108 John Vorster Drive (1 x floor only)

- 240 Madiba Street; and

- 40 Church Square.

(a) (ii) (iii) (bb)

Nil

(b) (i)

Value and purpose owned property

Not applicable

(b) (ii)

Value and purpose of rented property

1108 John Vorster Drive

(1 x floor only)

R65 033 050.00

Office accommodation and State Transversal Information and Communication Technology site

 

240 Madiba Street

R603 337 824.00

Office accommodation

 

40 Church Square

R19 030 631.00

Office accommodation

(c) (i)

Duration of rental:

1108 John Vorster Drive

(1 x floor only)

20 years

 

240 Madiba Street

16 years

 

40 Church Square

16 years

(c)(ii)

From whom is each property rented:

1108 John Vorster Drive

(1 x floor only)

Rented on behalf of National Treasury by the Department of Public Works, owned by SITA.

 

240 Madiba Street

Rented on behalf of National Treasury by the Department of Public Works, owned by Bothongo Group Management.

 

40 Church Square

State owned - Department of Public Works.

(c)(iii)

Monthly rental fee for each property:

1108 John Vorster Drive

(1 x floor only)

R1 127 659.02

 

240 Madiba Street

R4 221 538.45

 

40 Church Square

R673 134.08

 

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