*TERMS AND CONDITIONS:
Lease Terms Required:
• R138/m 2 minimum gross rental • R550.00 per open bay
ANY NEW LEASE SIGNED BY BOTH PARTIES BETWEEN OCTOBER 2018 AND THE END OF APRIL 2019 WILL RECEIVE RENT FREE UP UNTIL THE END OF APRIL 2019* *T&C’S APPLY *SEE PAGES 3 AND 5
• R620.00 per covered bay • R750.00 per basement bay • Escalation rate of 8% compounded per annum
• Minimum 3 year lease term • TI allowance of R650/m 2 * • Upgraded Communal Kitchens • Subject to the successful and acceptable credit vetting of the Tenant • All deposits, IBG’s and admin fees to be paid in full • All required FICA documents to be submitted and approved by the Landlord * All vacancies will be white-boxed which includes a minimum of painted white walls and ceilings and new carpets throughout - value of which is estimated to be over R250/m 2 . Total contribution +/- R900/m 2
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