230 m² Commercial space in Glen Marais

Retail Space Available Olive Wood Lifestyle Centre

Discover exceptional retail space at the sought-after Olive Wood Lifestyle Centre, perfectly suited for businesses looking to grow in a vibrant and high-traffic setting. Nestled within the Olive Wood Precinct, this prime property offers excellent visibility and easy access to a diverse customer base.

The Centre features a selection of adaptable retail units, ideal for various business types such as boutiques, restaurants, and service-oriented businesses. Designed with a modern and sophisticated aesthetic, the Centre provides an inviting atmosphere that enhances foot traffic and the overall customer experience.

Location:

Position your business in the thriving Olive Wood Lifestyle Centre, home to major national retailers like Checkers, Dis-Chem, and more.

15 minutes from Kempton Park CBD

20 minutes from O.R. Tambo International Airport

30 minutes from Pretoria and Boksburg

Key Features of Unit 23:

Shop Floor Area: 191 sqm

Outdoor Seating Area: 39 sqm

Rate per sqm (Indoor): R150

Rate per sqm (Outdoor): R95

Operational Costs: R24.40/sqm = R5,612.00

Generator Levy: R5.50/sqm = R1,265.00

Municipal Rates: R14.70/sqm (subject to annual municipal increase in July)

Additional Benefits:

Ample on-site parking for tenants and customers

Dynamic and engaging environment

Surrounded by key attractions and amenities

Terms and Conditions:

All rental amounts and charges exclude VAT

Annual escalation: 7% on a 5-year lease

Tenant responsibilities: Water, electricity, refuse, and sanitation

Operational costs exclude rates and taxes

Municipal rates escalate based on actual municipal adjustments each July, regardless of lease commencement date

This is a prime opportunity for businesses seeking to establish a strong presence in a thriving retail environment.

HAPPY VIXEN PROPERTIES (PTY) LTD trading as RE/MAX One Hundred (Fourways) operates in terms of a franchise agreement with RE/MAX of Southern Africa.