FEATURED
Web Ref CL1601
R105 per m²
Torrecid 4 Old Mint Park
Gross Monthly Rental
R801,800 Excl. VAT
R801,800 Excl. VAT
Lease Period
60 months
60 months
Availability
Negotiable
Negotiable
Lease Excludes
VAT
Utilities
VAT
Utilities
Warehouse available in Samrand Area Midrand
Great Opportunity in the Samrand Area
This property has great signage from the N1 Highway.
Mandate to Re-Let their current premises. OMP are looking for a minimum of a 5-year lease on the following rental rates at a 7,75%pa escalation:
Proposed Billings (Revised)
Description Area (sqm) Rate (R/sqm) Monthly Rental (R)
Warehouse 5,713 54.84 313,313.13
Offices 1,287 98.64 126,945.74
W/H Mezzanine 278 77.19 21,459.97
W/H Office 322 94.35 30,380.18
Yard 2,498 21.44 53,564.15
Ops — 7.18 54,568.00
Rates & Taxes — 20.52 155,968.85
Summary
Total GLA: 7,600 sqm
Average Rate (GLA): R 99.50/sqm
Parking Bays: 96 @ R 475.00 each = R 45,600.00
Total Rental
Gross Monthly Rental: R 801,800.00
Effective Rate: R 105.50/sqm
This property has great signage from the N1 Highway.
Mandate to Re-Let their current premises. OMP are looking for a minimum of a 5-year lease on the following rental rates at a 7,75%pa escalation:
Proposed Billings (Revised)
Description Area (sqm) Rate (R/sqm) Monthly Rental (R)
Warehouse 5,713 54.84 313,313.13
Offices 1,287 98.64 126,945.74
W/H Mezzanine 278 77.19 21,459.97
W/H Office 322 94.35 30,380.18
Yard 2,498 21.44 53,564.15
Ops — 7.18 54,568.00
Rates & Taxes — 20.52 155,968.85
Summary
Total GLA: 7,600 sqm
Average Rate (GLA): R 99.50/sqm
Parking Bays: 96 @ R 475.00 each = R 45,600.00
Total Rental
Gross Monthly Rental: R 801,800.00
Effective Rate: R 105.50/sqm
Features
Building Name
Torrecid
Zoning
Industrial
Title
Freehold
Interior
Air Conditioning
Yes
Power (3 Phase)
Yes
Power (Amps)
500
Exterior
Security
Yes
Parking Bays
Covered Parkings
96
Sizes
Floor Size
7,600m²
Land Size
7,600m²
Extras
Sprinkler System; 24 Hour Access; 24 Hour Response; Air Conditioner; Guard; Guard House; Electric Fencing; Electric Gate; Fibre
