PETER PARK MONTAGUE DRIVE, MONTAGUE GARDENS, MILNERTON

24th OCTOBER 2016

TO: ALL BROKERS                                                                      

TO LET - PETER PARK

MONTAGUE DRIVE, MONTAGUE GARDENS, MILNERTON

We confirm the following unit available to let:-

UNIT 7

SIZE:    450 SQ M

RENT:   R42.00 / SQM PLUS V.A.T.

OP COSTS:   IN ADDITION TO RENT – CHARGED PRO RATA ON ACTUAL COSTS-
CURRENTLY RUNNING AT APPROX R5.79/SQM PLUS V.A.T.

AVAILABLE : IMMEDIATE

YARD

SIZE:             210 SQ M

RENT:              R3.57 / SQ M PLUSA VAT

We require 3 to 5 year leases.

The rental will escalate at 10%. The operating costs fluctuate and are based on actual costs.

Personal sureties of all directors / members are required together with a cash deposit equal to two months of the last year’s rental including VAT.

Agent’s commission will be based on 5% of the net rental (excluding operating costs) for the first two years and 2.5% for the following three years.   No commission will be payable on lease renewals or extensions.

At this stage no Letting Boards will be permitted on the property.

We trust the above information is clear and look forward to doing business with you. Please telephone the writer at 021 551 1432 or 082 359 5524 for appointments to view the units. 

Yours faithfully,

MARINDA HUNTLEY

PROPERTY CONTROLLER

River Place - Kya Sands, Gauteng

7 November 2017

TO: ALL BROKERS

RETAIL UNITS TO LET - RIVER PLACE, RIVER ROAD, KYA SANDS, RANDBURG

We are currently marketing the following retail units to let at our River Place Shopping Centre in Kya Sands.

We confirm the following gross rentals required, which include a levy / operating cost of R18.00 per square meter excluding VAT:-

UNIT 1                        53.80 SQ M      R70.00 / SQ M          EXCL VAT     AVAIL            IMMEDIATELY

UNIT 3                        70.20 SQ M     R70.00 / SQ M          EXCL VAT     AVAIL             IMMEDIATELY

UNIT 5                        70.20 SQ M      R70.00 / SQ M          EXCL VAT     AVAIL             IMMEDIATELY

UNIT 7                        70.20 SQ M      R70.00 / SQ M          EXCL VAT     AVAIL             IMMEDIATELY

UNIT 8                        92.50 SQ M      R70.00 / SQ M          EXCL VAT     AVAIL             IMMEDIATELY

UNIT 10                      48.20 SQ M      R70.00 / SQ M          EXCL VAT     AVAIL             IMMEDIATELY

We require minimum 3 to 5 year leases.

Rentals and levies / operating costs will escalate at 9% and 11% p.a, respectively

Personal sureties of all directors / members are required together with a cash deposit equal to two months of the last year’s rental including VAT.

No tenant’s installation allowances will be made. Tenants to fit out units at their own cost and expense, subject to design being to Landlord’s approval.

Agents commission will be based on 5% of the net rental (excluding levy / operating cost) for the first two years and 2.5% for the following three years.   No commission will be payable on lease renewals or extensions.

No commission will be payable on lease renewals or extensions.

Although this complex is a retail complex, we will give consideration to clean light industrial tenants, who, in our opinion will not cause damage to our complex. Light industrial tenants will be given consideration on receipt of a written application.

At this stage no Letting Boards will be permitted on the property, perimeter fencing or sidewalks.

We trust the above information is clear and look forward to doing business with you.  Please telephone me to make appointments to view the units

Yours faithfully,

ENNERINE BRITS

PROPERTY MANAGER