450 m² Industrial space in Middelburg Central

Workshop/ warehouse 445m2

RENTAL FOR UNIT - R35 600,00 EXCLUDING VAT AND OPERATIONAL COSTS (BUILDING AS

IS) (R80,00 per square meter)

Rental excludes the following:

Levy for half a building R3 811,32 (@ 8%) or R3 740,74 (@ 6%) excluding VAT (AGM to be

held in October 2025 when Levy Increase will be determined.)

CSOS R40,00

Basic service charges to be paid by the Tenant

Electricity Based on consumption (Currently single phase 65 amp) Tenant to pay

connection fees. Landlord to purchase electricity and will supply the tenant with a token

and will be invoiced accordingly.

Water Based on consumption

Sewerage as per municipal account

Alarm for Tenants own cost

24/7 Access Control

Deposit equal to two months rental R73 000

Lease period Min 2 years

Annual escalation 8%

Available immediately

Approximate size of warehouse and offices - 445 square meters

(2 Offices, 3 Bathrooms, 2 Kitchenettes)

Approximate size of yard Space 120 square meters

2 covered parking spaces

2 uncovered parking spaces