Property Details
Office Space for Lease in Midrand
Property Overview:
Location: 21 Bavaria Road, Midrand
Size: ±1,488m²
Monthly Rental: R193,440.00 (R130.00/m²)
Total Monthly Rental (Including Parking): R221,340.00 (excluding VAT)
Parking Details:
Basement Stores:
Parking Bays:
9 Basement Bays @ R600.00 per bay: R5,400.00
23 Shade Cloth Bays @ R450.00 per bay: R9,900.00
36 Open Bays @ R350.00 per bay: R12,600.00
Total Parking Rental (68 Bays): R27,900.00pm
Lease Terms:
Lease Term: 3 – 5 years preferred, short-term leases available at a slight premium
Deposit: 2 months exit rental or 3 months exit rental bank guarantee
Escalation: 8.5% per annum
Tenant Installation Allowance: Dependent on lease term
Additional Costs:
Consumptions, garden maintenance, refuse removal, security, pro-rata diesel consumption and servicing of generator, and pro-rata contribution toward rates and taxes.
Property Features:
Three Levels of Offices: Ground, first, and second floors with two office wings, providing various subdivision sizes from about 375m²
Accessibility: Offices are accessible via lift or feature staircase within the triple volume atrium. Access, including a lift for paraplegic/disabled persons and special toilet, is provided in the lobby at entry level.
Facilities: Separate dedicated kitchen for each office wing, well-finished male and female toilets on each level, superb executive offices with high-end quality wood, marble, and tiles with own toilet facilities finished in marble.
Meeting and Training Rooms: Meeting rooms, training rooms, and boardrooms plus canteen.
Natural Light: Good use of glass with high-tech blinds for excellent natural light, well-screened for computer usage. Demountable partitions make for easy office layout and motion sensor lights for economical consumption.
Location Benefits:
Position: Brilliant position close to the New Road interchange in Midrand, centrally located between Johannesburg and Pretoria with good freeway connections.
Proximity: Within 3km of the Gautrain Midrand station and Grand Central Airport. Easy access to OR Tambo International Airport, Johannesburg, Pretoria, Sandton, and other regional areas.
Surroundings: Adjacent to New Road interchange off N1 Ben Schoeman Highway. Surrounded by national and international companies like BMW, Siemens, McCormick, Jansen Pharmaceuticals, Johnson and Johnson, MSD, and others.
Amenities: Easy access to local retail centers for staff. Large retail centers in adjacent Carlswald, Boulders Centre in Halfway House, and the massive Mall of Africa in Waterfall Estate.
This free-standing office block in Dunkeld West offers a prime location with modern facilities, making it an ideal choice for businesses seeking a professional and convenient workspace.
Property Overview:
Location: 21 Bavaria Road, Midrand
Size: ±1,488m²
Monthly Rental: R193,440.00 (R130.00/m²)
Total Monthly Rental (Including Parking): R221,340.00 (excluding VAT)
Parking Details:
Basement Stores:
Parking Bays:
9 Basement Bays @ R600.00 per bay: R5,400.00
23 Shade Cloth Bays @ R450.00 per bay: R9,900.00
36 Open Bays @ R350.00 per bay: R12,600.00
Total Parking Rental (68 Bays): R27,900.00pm
Lease Terms:
Lease Term: 3 – 5 years preferred, short-term leases available at a slight premium
Deposit: 2 months exit rental or 3 months exit rental bank guarantee
Escalation: 8.5% per annum
Tenant Installation Allowance: Dependent on lease term
Additional Costs:
Availability: 2024-07-25