Industrial to let in Vaalbank, Middelburg

Date: 2025-08-14

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 Tenant’s own cost
• 24/7 Access Control

• Deposit equal to two month’s 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