Web Ref No CMSR-3016

Upmarket Office block to lease in Island Circle - Riverhorse Valley - 3 floors A Grade
This office block has two separate access and driveways. There are 3 floors of office space, each floor is 1200m2. It offers 110 secure parking bays. The entire property is secured by a palisade and electric fencing. Each level of the building wraps around with stunning balcony views. Building as a lift, common foyer areas with high glass windows overlooking the River, and communal ablution facilities. The basement level comprises 55 parking bays and is accessible through security-manned automated gates. The ground floor level comprises 33 covered parking bays and 22 open parking bays, both of which are accessed from their own driveway.
Access control to the upper-level offices is through the security desks on this floor.
The ground floor also includes paraplegic toilets. The upper levels consist of A-grade offices, which can be either individual or open-plan offices with dry-walling partitions. Each floor has separate access points, allowing it to accommodate up to 4 different tenants, with each tenant having access to a balcony.

Options to lease
Take 2 floors ( 3 year lease)
Rental : R90.03 per m2
Rates : R43.54
Insurance : R4.93
Refuse : R1
Total : R139.50 per sqm plus vat
55 parking bays @ R550 each

9% escalation


Take 3 floors ( 5 year lease )

R120 per m2