R39,838.50 pm | 122m² Retail To Let in Hillcrest Central

Lease Includes
The Rental above includes:
• Retail units: Basic Rental, Operating Cost, Marketing Cost and Rates Recoveries
• Office units: Basic Rental, Operating Cost and Rates Recoveries.
• Service Industrial units: Basic Rental, Operating Cost and Rates Recoveries

All retail premises and offices are fully air-conditioned (excluding Service Industrial Units) with
electricity and cold-water supply.

Gross Rental Rate per sqm excl VAT Total per month excl VAT
Base rent R 253.48psqm - R31,071.58
Operating Costs R 40.00psqm - R 4,903.20
Marketing contribution R 4.50psqm - R 551.61
Municipal rates R 27.02psqm - R3,312.11
Total R 325.00psqm - R 39,838.50

Lease Excludes
And excludes:
• VAT
• Water and Sewerage Costs: All units are Metered. Billed according to usage at municipal rates.
• Municipal Refuse: Dependent on usage.
• Airconditioning Recovery – Monthly Filter cleans and Bi-Annual Service Costs.
• Electricity: The electricity for the centre is in Landlord’s name and the municipality bills the Landlord.
o Retail tenants – All units are metered. Billed according to usage at municipal rates.
o Offices tenants – Certain offfices are metered and billed according to usage at municipal rates.
Other offices are not metered and therefore electricity is included in the gross rental. This will be
presented in the offer to lease.
All retail premises and offices are fully air-conditioned (excluding Service Industrial Units)