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R225 per m²

12 Old Main Road
Gross Monthly Rental
R45,450 Excl. VAT
Lease Period
5 year plus
Availability
Immediately

Prime Retail Unit Available in Lillies Quarter, Hillcrest.

Prime Retail Unit Available in Lillies Quarter, Hillcrest.

Situated on the 1st floor of the vibrant Lillies Quarter, directly above Woolworths, this exceptional retail space offers an ideal opportunity for a long-term tenant. Boasting a modern and sophisticated design, the unit features a neat rectangular layout with double-volume ceilings that create a spacious and open feel. Shopfronts on both sides flood the space with natural light, enhancing its bright and welcoming atmosphere.

Key Features:

- Size: 202 SQM of premium retail space.

- Visibility: Prominent shopfronts with strong signage exposure to Old Main Road ensure excellent customer visibility.

-- Ambience: Located next to the rooftop garden and exquisitely tiled patio, offering an upmarket and inviting environment.

- Neighboring Anchor Tenant: Positioned next to the popular Black Rabbit restaurant, driving consistent foot traffic to the 1st floor.

- Convenience: Easily accessible via the stairwell outside Woolworths or the customer-friendly lift.

- Interior Features: Fully air-conditioned with epoxy flooring for a polished finish.

Rental Breakdown:

- Base Rent: R31,002.96.
- Operating Costs: R8,080.00.
- Marketing Contribution: R909.00.
- Municipal Rates: R5,458.04.
- Total Monthly Cost: R45,450.00.

This superb unit is the perfect fit for a business seeking an upscale location with ample visibility, daily foot traffic, and a unique rooftop setting. Don't miss out on this premium opportunity-contact me today to schedule a viewing!

We are a team of experienced, professional property practitioners focused within the Commercial and Industrial property sector of South Africa. We aim to create value for parties involved in any transaction. Our firm was founded on a culture of Information-sharing, where the client's needs always come first.

Features

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0
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
202m²

Hillcrest Central, Hillcrest

Hillcrest, a suburb located in KZN, is renowned for its spacious homes, lush vegetation, and thriving retail sector. The large homes in Hillcrest offer ample living space, making it an ideal location for families and those seeking a bit of extra room. The beautiful green surroundings, created by the lush vegetation, provide a peaceful and idyllic environment for residents. The retail sector in Hillcrest is...
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Vat @ 15%
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Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

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Bank Electronic Connection Fee
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Vat 15%
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