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R 40 565

Commercial Property to Rent in Observatory

5 Wyecroft Road, Observatory, Cape Town

427 m²

AVAILABLE NOW

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Norman Alexander

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427m² - Waverley Business Park ground and mezzanine floor available To Let in Observatory.

Waverley Business Park, situated on the border of Mowbray/Observatory and close to both railway stations and other transport links and is just off the N 2 Freeway and with easy access to the CBD and other main business centres.

The business park is close to all amenities in the area with ample shops and restaurants in the surrounding area. There is also an on-site restaurant and kiosk. The complex is patrolled by 24-hour security with access control.

This secure, well managed business park has always proven popular with many companies in the IT / Design / Training industries.

The rentals have always been competitive, and have attracted quality tenants.

This building comprises – offices – ground + mezzanine + warehouse –

Small storage behind reception area – approx.. -25m² + rear lab/storage area approx.. – 95m² + rear parking space which could be...

This secure, well managed business park has always proven popular with many companies in the IT / Design / Training industries.

The rentals have always been competitive, and have attracted quality tenants.

This building comprises – offices – ground + mezzanine + warehouse –

Small storage behind reception area – approx.. -25m² + rear lab/storage area approx.. – 95m² + rear parking space which could be converted into additional storage – approx.. – 60m² = total potential storage space – 180m²

• Office space – 247m²

• Gross Rentable area: 427m²

23A -01 – 427m² ( available immediately )

Formerly Biotech Co

Rental R95.00 per/m² + Vat = R 40,565pm + VAT

Escalation 9%

Occupation Date: (01 October 2024 - to be confirmed)

Refuse & Sewerage ±R3.95 per/m² + Vat per month

Lease Period: 3 to 5 years

Increases: The Tenant shall be responsible for pro-rata share of

increases in Local Authority Rates after the 1st of July

each year throughout the Lease period.