184 m² Commercial space in Illovo

INVESTMENT OPPORTUNITY

Why Invest in Illovo Point?

Investing in commercial property offers significant returns, with the potential for appreciation over time and annual rental increases that enhance profitability.

This stunning Prime office suite in Illovo, Sandton is perfect for any business. The building has a central and convenient location in the richest square mile in Africa. Featuring a modern and sleek design, each suite is equipped with the latest amenities and technology to ensure maximum productivity. Enjoy panoramic views of Johannesburg from the floor-to-ceiling windows and take advantage of the building''s convenient location close to major highways and public transportation. With flexible layouts and customization options, this space can be tailored to meet the unique needs of your business. Easily manage this space from anywhere with our smart metering system for electricity and water.

The building has a reliable backup generator that runs the entire building during load-shedding.

SAPOA Rentable Area: 184m2

Balcony Area: 36m2

No. of Parking Bays Included: 7

Optional: Additional 7 bays R695.00 per bay (NOT INCLUDED IN RENTAL)

Storeroom/s Included: 1

Storeroom Size: 62m2

Deposit required: Two months'' deposit payable equal to the sum of the first months rental and the last months rental of the Lease Agreement.

Gross Rental per month (excl. utilities, rates, levies): R39,220.00

Availability: Immediate

Fit Out Allowance: A white box (sometimes referred to as a vanilla shell or warm shell) is a commercial space that comes partially complete with basic finishings. Generally, this means it has sheet-rocked walls that are ready to paint, a finished ceiling with lighting, an HVAC system with ductwork and controls, a completed sprinkler system finished at ceiling height, and a finished bathroom. The Tenant would need to submit their FIT-OUT drawings to the Landlord to obtain approval from the Body Corporate Trustees before commencing with the FIT-OUT.

The Tenant is responsible for the full rental, and pre-paid utilities which are not included in the monthly Gross Rental. The Landlord shall pay all municipal rates and levies. If at any time during the period of the Lease Agreement, a NEW TAX or a LEVY is imposed in respect of the Lease premises, the tenant shall be liable to refund the Landlord of such increased Lease portion. Electricity and water, sewerage, and emergency generator charges consumed on the premises, and common areas from Lease commencement will be charged accordingly by the Body Corporate/Landlord for the tenant''s account.

The office suite comes with an amazing 7 bays. The safe parking facility features a well-guarded entrance and exit, ensuring controlled access for authorized vehicles only and the security maintains round-the-clock surveillance to monitor the parking area. More so, upon request, we can offer additional storeroom space at an additional cost.

Do not hesitate to contact us today to arrange a private viewing and to secure your dream workspace!

(Gross rental subject to VAT)