Location: Corner of Mill and Sapphire Streets, directly on the R300 and R102.
AVAILABLE UNITS:
- Block A: Prime positioning facing R300 – 1,756 sqm
- Block B: Internal units – 6,151 sqm
BASE RENTAL RATE: R95/sqm (8% annual escalation), with a preferred minimum 5-year lease term.
SECURITY DEPOSIT: 2 months' rental required.
OCCUPATION DATE: 01 October 2024
SPECIFICATIONS
Warehouse Features:
- Power-floated and sealed floors (no painting allowed)
- Sectional overhead doors
- Bagged and painted walls
- Dedicated bathrooms for each unit
Office Spaces:
- Ground floor: Open-plan reception area with tiled bathrooms and kitchen units
- First floor: Open-plan office space with ceiling, lighting, and choice of carpet or vinyl planks
- Custom tenant layouts available at tenant’s cost, executed by the landlord
- Air conditioning and racking above 3m available at tenant’s expense
Yard and Parking Area:
- Fully secure business park with perimeter fencing and 24-hour gatehouse security (included in park levy)
- Remote access gates for each tenant
- Paved surfaces with all services underground
- Security lighting in Phase 1
Additional Features:
- Landscaped areas with irrigation (included in park levy)
- Refuse room with municipal bins for each tenant
- Prepaid electrical and water meters (landlord-supplied, tenant consumption)
- Communications infrastructure ready for tenant connection
- Signage opportunities per unit, including R300 facing options
- Solar energy options available, cost dependent on rental period
- Additional park levy covers municipal costs, security, and managing agent fees (amount TBC)
Tenant Cost Options:
- Amortize costs over the 5-year rental period, or
- Pay as a CAPEX contribution
Insurance: Building insured by landlord; tenant responsible for internal goods and fixtures.