R225 per m²
R45,450 Excl. VAT
5 year plus
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
Interior
Exterior
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Hillcrest Central, Hillcrest
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Disclaimer: While every effort will be made to ensure that the information contained within the Fundation Property website is accurate and up to date, Fundation Property makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.