Centurion Commercial Property: Centurion CBD Commercial Office Node comprises of approx. 365 000m2 of GLA (gross leasable area) which is centrally located between Pretoria and Johannesburg and forms part of the Northern suburbs of Centurion with convenient access to the N1, R21, Motorway and main arterials. The nature of Centurion's commercial property has permanently changed since the opening of the Gautrain station and commuter rail, which forms an integral link between Centurion, Pretoria, Midrand and Johannesburg. The Centurion commercial office node is a popular area for Parastatal's, major corporations functioning in IT and financial services industries. Centurion Commercial Office Node incorporates Centurion CBD, Centurion Lake, Verwoerdburgstad, Die Hoewes, Lyttelton, Irene, Eldoraigne, Clubview, Zwartkop, Weirda Park and Rooihuiskraal. Centurion, with its man-made lake, hosts a regional shopping mall (Centurion Mall) and enjoys a variety of restaurants, shops, banks (including a bureau de change), department stores, movie theatres, specialty shops, business facilities and a park area next to the lake. Other attractions to Centurion are, SuperSport Park a world class cricket stadium which is also used for large musical events and shows. An intimate theatre featuring mostly South African artists (Centurion Theatre),Highveld Techno Park, Three golf courses (Centurion Country Club and Lifestyle Estate, Irene Country Club and Zwartkops Country Club) and Hennops Park light industrial node. Centurion has a range of educational facilities, from Nursery schools, Pre-primary, primary, Highschool and various Colleges. There is a wide assortment of offices to lease and purchase within the Centurion Commercial Office Node offering a wide variation of office space, from Premium ( P-Grade), through to C-Grade. SAPOA grading definitions are: Grade P- Top quality, architecturally modern space, which is generally a pace-setter in establishing next generation levels of rentals and prestige, Offices will incorporates efficient space planning, environmentally friendly installations, the latest generation building systems & services, ample parking, prestige entrances, common areas & ablutions, high quality finishes and probably offering good views. Grade A - Generally not older than fifteen years, or which has had a major renovation; high quality modern finishes; air conditioning; ad¬equate on-site parking and commanding, market rental near the top of the range in the area in which the building is located. (The following should also be taken into account in determining whether the building is A-grade or not: Consider whether the building has a good quality lobby finish, quality access to/from an attractive street environment and other similar factors, such as safety and security.) Grade B- Generally older buildings, with accommodation and finishes close to modern standards as a result of refurbishments and renovation from time to time, air-conditioned, with on-site parking, unless special circumstance pertain. Grade C- Buildings with older style finishes, services and systems. It may or may not be air-conditioned or have on-site parking. OFFICES TO LET: Gross rentable areas within the Centurion Commercial Office Node range, from small pockets to larger suites, measuring from 80m2 to 12 000m2. Gross rentals range according to location, age, visual attractiveness, grading and quality of office space provided, therefore a value range is provided as a guide: Grade C office space = R75 m2 to R85 m2 Grade B office space = R80 m2 to R 90 m2 Grade A office space = R89 m2 to R120 m2 (All rates quoted are per calendar month.) Gross rental is defined as being the total rental being asked including operating costs and municipal costs, but excluding parking, VAT, electricity/water consumption and internal cleaning. Parking rentals vary according to type (i.e open, covered & basement) and availability of parking, therefore a value range is provided as a guide: Open parking bays = R250/bay to R290/bay Covered parking bays = R280/bay to R380/bay Basement parking bays = R400/bay to R650/bay (All rates quoted are per calendar month.) OFFICES FOR SALES: Offices for sale within Centurion range from small suite pockets to entire office parks varying between approx. 90sm to 6 000sm. Asking sale prices, vary from location, to grade of office and quality of office space provided, therefore a value range is provided as a guide of between: Grade A, B and C office space: R9 500/sm to R13 500/sm Sale prices, exclude parking/VAT/transfer duty and attorney fee associated with the purchasing process.

• published: 10 May 2012
• views: 157