Property Details

• Extent

o 402m2

• Special mentions

o Existing walk-in safe

o Potential for rear entrance

• Parking

o 10 spaces undercover

• Lease terms

o 5 years, renewable

o Rent (as is) (Excl)

 Office - N$64,320 (N$160/m2 considering 2023 escalation)

 Parking - N$7,000 (10 spaces @ N$700/m each)

 TOTAL RENT - N$71,320pm

o Escalation

 CPI or 7% (higher of)

o Per meter reading

 Water & electricity

o Renovation/Tenant installation

 Can be discussed

 Will influence rate/m2

 If no tenant installation is done, owner undertake to finalize the internal closure of the brickwork openings, remove data columns and paint the walls

o Deposit

 1 month’s rental