3 Alice Lane – Discovery Building

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Property Description

Sandton Central is the thinking, enterprising, socialising centre of South Africa. It is South Africa’s cosmopolitan centre of trade and ideas. It is central to finance, fashion, smart new global ideas and smart new global people. It is central to Gauteng, central to South Africa and central to the southern hemisphere.

The Sandton Central Management District provides additional cleaning, law enforcement, beautification and planning services to the area it services.




Property Features

Zoning: Corporate
Total Building GLA: 15 505m2
Total Vacancy GLA: 0m2 (Available on 01/02/2018)
Occupation Date: Current tenant is Discovery and the lease expires on the 31/01/2018. The tenant will be vacating the building.
Type of Lease: Gross Lease
Minimum 3 years
Tenant Installation: One month for every year lease
Allowance: subject to a minimum three year lease period
Gross Rental: R157.76 per m2 escalating at 9%
Basic Rent = R140.00/m2
Rates & Taxes = R16.10/m2
Refuse = R0.37/m2
Levy = R1.29/m2
Municipal Costs: Water
sewerage based on usage
Parking: R750.00 (Basement)
R550.00 (Open)

Property Enquiry

Address Details:

Discovery Building
3 Alice Lane

Contact Details

Broker Details:
Tel: (011) 073 6800
Email: michelle.howison@mowanaproperties.co.za