FPG PROPERTY FUND VACANCY SCHEDULE - APRIL 2022 EDITION www.fpggroup.co.za
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BRACKENFELL HYPER Located in the heart of Cape Town’s Northern Suburbs. With easy access from the N1 Highway, free parking and 24-hour security, convenience shopping has never been so easy. Anchored by: Pick ‘n Pay Hypermarket, Food Lover’s Market, Mr Price, Virgin Active & Clicks. GLA: 38 046 M2 Shopper Profile: LSM 6-10 USAGE UNIT NO SQM RENTAL AVAILABILITY Catchment Area: Brackenfell, Bellville, Kraaifontein & Kuilsriver. Retail ATM 5 11 R 6 500/PM Immediately Suggested Tenants: National Department Store Retail Shop 88 78 R 23 400/PM 1 May 2022 (Non-Food), Clothing, Fast Foods, Sport, Homeware & Linen. Retail Shop 05B 36 R 10 080/PM Immediately ANNE VOORNEVELD Retail Shop 36B 70 R 380/M2 1 Month’s Notice Property Manager 021 982 2712 / 068 018 4857 Retail Storeroom 2 43 R 4 400/PM Immediately anne@fpggroup.co.za CLICK HERE for Centre Floor Plan APRIL 2022 EDITION
BRACKENFELL VALUE CENTRE Brackenfell Value Centre will be be build adjacent to the Brackenfell Hyper, the most convenient place to shop in the Northern Suburbs, complementing its retail offering. The complex will be positioned directly opposite Frans Conradie giving high prominence, visibility and easy access to speciality stores in this open plan modern strip mall. GLA: 3 195 M2 Shopper Profile: LSM 6-10 USAGE UNIT NO SQM RENTAL AVAILABILITY Catchment Area: Brackenfell, Bellville, Kraaifontein & Kuilsriver. Retail Shop 1 1 245 TBC October 2022 Suggested Tenants: Destination Stores Retail Shop 2 670 TBC October 2022 COURTNEY MATHEBULA Retail Shop 3 670 TBC October 2022 Property Manager 021 982 2712 / 083 570 0968 Retail Shop 4 610 TBC October 2022 courtney@fpggroup.co.za CLICK HERE for Centre Floor Plan APRIL 2022 EDITION
OTTERY HYPER Ottery Hyper has always been a high foot volume centre and is known for its convenient location. Anchored by a 15 000 M2 Pick n Pay Hyper Store and enjoys a variety of offerings, including Mr Price, Tekkie Town, Sheet Street and Spec Savers to name a few. Dis-Chem will join the centre early in April. GLA: 33 000 M2 Shopper Profile: LSM 6-9 USAGE UNIT NO SQM RENTAL AVAILABILITY Catchment Area: Ottery, Lansdowne, Wetton, Fairways, Lotus River, Ferness Estate, Grassy Park & Phillipi. Retail Shop 50 119 R 28 560/PM 1 June 2022 Suggested Tenants: National Department Store (Non-Food), Clothing, Fast Foods, Sport, Homeware & Linen. BIANCA PEENS Property Manager 021 595 3000 / 074 333 7033 bianca@fpggroup.co.za CLICK HERE for Centre Floor Plan APRIL 2022 EDITION
OTTERY HYPER MEDICAL & BUSINESS SUITES In addition to the exciting shopping experience Ottery Hyper has to offer, we have expanded to the first floor, incorporating business and medical suites. We are also thrilled to have Dis-Chem set to open early 2022 creating a better shopping experience for our customers. GLA: 33 000 M2 USAGE UNIT NO SQM RENTAL AVAILABILITY Shopper Profile: LSM 6-9 Catchment Area: Ottery, Lansdowne, Wetton, Office/Medical Unit 1 78 R 13 260/PM Immediately Fairways, Lotus River, Ferness Estate, Grassy Park & Phillipi. Office/Medical Unit 4 86 R 14 620/PM Immediately Neighbouring Tenants: Doctors, Dentists, Beauty Office/Medical Unit 6 80 R 13 600/PM Immediately Salon and Real Estate. BIANCA PEENS Office/Medical Unit 9 26 R 5 000/PM Immediately Property Manager 021 595 3000 / 074 333 7033 bianca@fpggroup.co.za CLICK HERE for Centre Floor Plan APRIL 2022 EDITION
LAGUNA MALL Laguna Mall is a one-stop destination, offering the ultimate lifestyle shopping experience in a safe and sheltered environment. Catering to the broader market, customers can look forward to a greater variety of shopping. Tenants include Checkers, Woolworths, Pick ‘n Pay, Clicks, Spur, Brights and many more. GLA: 19 000 M2 Shopper Profile: LSM 6-10 USAGE UNIT NO SQM RENTAL AVAILABILITY Catchment Area: Langebaan, Saldanha Bay, Retail Shop 25A 140 R 30 800/PM Immediately Vredenburg, Hopefield & Paternoster Suggested Tenants: Restaurants, Sports Stores, Retail Shop 24 60 R 15 600/PM 2 Month’s Notice Speciality, Health & Wellness, Gift & Boutique Stores. Retail Shop 41 48 R 16 800/PM Immediately BIANCA PEENS Retail Shop 38 35 R 15 050/PM 2 Week’s Notice Property Manager Retail Shop 4 225 R 40 500/PM 1 August 2022 021 595 3000 / 074 333 7033 bianca@fpggroup.co.za Commercial / Unit 1 168 R 15 120/PM Immediately Industrial CLICK HERE for Centre Floor Plan APRIL 2022 EDITION
PALMYRA JUNCTION Palmyra Junction is a unique urban destination in the heart of Claremont that offers a relaxed, upmarket and convenient place to shop and mingle. The ground floor is home to Woolworths Food, Vida E Café and a selection of specialist shops offering unique gifts, books and jewellery. The first floor is dedicated to premium office studios offering various professional services. GLA: 19 000 M2 USAGE UNIT NO SQM RENTAL AVAILABILITY Shopper Profile: LSM 8-10 Offices Suite 103 40 R 8 800/PM Immediately Catchment Area: Claremont, Newlands, Kenilworth, Lansdowne & Rondebosch Offices Suite 109 48 R 10 560/PM Immediately Suggested Tenants: Upmarket Office / Professional Services Offices Suite 104 35 R 8 500/PM 1 Month’s Notice CAROL BADENHORST Property Manager 021 595 3000 / 087 387 4609 carol@fpggroup.co.za CLICK HERE for Centre Floor Plan APRIL 2022 EDITION
N1 VALUE CENTRE Strategically positioned in the heart of the N1 City Precinct and is easily accessible from the N1 Highway. Anchored By: Dis-Chem, Food Lover’s Market, Virgin Active, Petworld XXL & The Pro Shop. GLA: 16 822 M2 Shopper Profile: LSM 6-9 Catchment Area: Goodwood, Parow, Monte Viste, Edgemead, Bothasig & Panorama USAGE UNIT NO SQM RENTAL AVAILABILITY Suggested Tenants: National Department Store (Non- Foods) Retail Shop 52 359 R 180/M2 Immediately ASHRAF ALLIE Retail Shop 62 424 R 217/M2 2 Month’s Notice Property Manager Retail Shop 57 1729 R 150/M2 November 2022 021 595 3000 / 083 399 7738 ashraf@fpggroup.co.za Office / Office 1 50 R 5 670/PM 1 Month’s Notice Commercial CLICK HERE for The Pro Shop Brochure CLICK HERE for Centre Floor Plan APRIL 2022 EDITION
CAPE GATE LIFESTYLE The Cape Gate Lifestyle Centre is strategically situated off Okavango Road and opposite the Cape Gate Regional Shopping Centre. With a strong focus on value shopping, the convenience centre offes ample free parking and 24 hour security. Anchored by: Spar, Build It & Virgin Active GLA: 20 316 M2 USAGE UNIT NO SQM RENTAL AVAILABILITY Shopper Profile: LSM 6-10 Retail Shop UL05 37 R 290/M2 Immediately Catchment Area: Brackenfell, Kraaifontein, Durbanville & Bellville Retail Shop 23B 39 R 412/M2 Immediately Suggested Tenants: Home, Décor & Lifestyle, Clothing & Restaurant Retail *Shop UL10 379 R 180/M2 Immediately CAROL BADENHORST Retail *Shop UL06A 185 R 33 300/PM Immediately Property Manager * Units are Sub-divisible 021 595 3000/ 087 287 4609 carol@fpggroup.co.za CLICK HERE for Centre Floor Plan APRIL 2022 EDITION
CAPE GATE DÉCOR CENTRE The Cape Gate Decor Centre is strategically situated off Okavango Road and opposite the Cape Gate Regional Shopping Centre. With a strong focus on value shopping, the convenience centre offers ample free parking and 24- hour security. GLA: 7 287M2 Shopper Profile: LSM 6-10 USAGE UNIT NO SQM RENTAL AVAILABILITY Catchment Area: Brackenfell, Kraaifontein, Durbanville & Bellville Retail Shop A 207 R 180/M2 Immediately Suggested Tenants: Upmarket Office & Retailers Office Suite B2A 60 R 140/M2 1 June 2022 CAROL BADENHORST Property Manager Office Suite D2A 231 R 180/M2 1 April 2022 021 595 3000 / 087 287 4609 carol@fpggroup.co.za Office Suite F 135 R 175/M2 1 July 2022 Office Suite J 82 R 180/M2 1 August 2022 CLICK HERE for Centre Floor Plan APRIL 2022 EDITION
BOTHASIG MALL Situated in the heart of Bothasig with easy access to the surrounding areas of Edgemead, Burgundy Estate and Montegue Gardens. GLA: 11 967 M2 Shopper Profile: LSM 7-9 Catchment Area: Bothasig, Edgemead, Monte Vista, Burgundy Estate & Montague Gardens Suggested Tenants: National Department Store USAGE UNIT NO SQM RENTAL AVAILABILITY STEPHEN VAN DER WESTHUIZEN Property Manager Retail Shop 7 61,8 R 15 450/PM 1 April 2022 021 595 3000 / 073 498 2086 Retail Shop 2 123,2 R 250/M2 2 Month’s Notice stephen@fpggroup.co.za Retail Shop 34A 19,1 R 9 500/PM 2 Month’s Notice Retail Shop 39 61,7 R 16 350/PM 2 Month’s Notice Retail / Shop 1 186 R 150/M2 2 Month’s Notice Church Space CLICK HERE for Centre Floor Plan APRIL 2022 EDITION
CAPRICORN SQUARE Shopping in the far south has never been more convenient. Located just off Prince George Drive, Muizenberg the brand-new look Capricorn Square now offers greater variety, ample free parking, all in a safe and secure environment. Anchored By: Woolworths Food, Pick ‘n Pay, Clicks, Mr Price and Zone Fitness who are open 7-Days a week for shopping pleasure. GLA: 10 229 M2 USAGE UNIT NO SQM RENTAL AVAILABILITY Shopper Profile: LSM 4-8 Catchment Area: Muizenberg, Marina De Gama, Retail Shop 19 & 20 84.24 R 22 799/PM Immediately Vrygrond and Steenberg. Retail Shop 16 51 R 320/M2 September 2022 Suggested Tenants: National Stores & Speciality Tenants. CAROL BADENHORST Property Manager 021 595 3000 / 084 412 7007 carol@fpggroup.co.za CLICK HERE for Centre Floor Plan APRIL 2022 EDITION
CAPRICORN SQUARE RE-DEVELOPMENT Plans have been approved to further expand onto the existing centre. This will see exciting new line shops added to enhance the customer offering. GLA: 10 229 M2 Shopper Profile: LSM 4-8 Catchment Area: Muizenberg, Marina De Gama, USAGE UNIT NO SQM RENTAL AVAILABILITY Vrygrond and Steenberg. Retail Shop 2 376 R 200/M2 September 2022 Suggested Tenants: National Stores & Speciality Tenants. Retail Shop 3 52 R 15 000/PM September 2022 CAROL BADENHORST Property Manager 021 595 3000 / 084 412 7007 carol@fpggroup.co.za CLICK HERE for Centre Floor Plan APRIL 2022 EDITION
STELMARK CENTRE Situated in the heart of Stellenbosch Central, this busy convenience centre is located on Merriman Avenue. Anchored by: Pick ‘n Pay, The Crazy Store, Cash Crusaders, Hungry Lion and Capitec Bank. GLA: 5 722 M2 Shopper Profile: LSM 4-7 Catchment Area: Plankenbrug, Kayamandi & Dennesig USAGE UNIT NO SQM RENTAL AVAILABILITY Suggested Tenants: Pharmacy, Coffee Shop, Fast Food/Take-away, Medical, Health, Hair & Beauty. Retail Shop 13 98,05 R 33 337/PM 1 August 2022 ANNE VOORNEVELD Property Manager Retail Shop 5 75,38 R 21 500/PM Immediately 021 595 3000 / 068 018 4857 anne@fpggroup.co.za CLICK HERE for Centre Floor Plan APRIL 2022 EDITION
STRAND SQUARE Centrally located in Strand, The Centre underwent a R 6 million facelift in 2013. The modern centre now offers a wide range of national tenants such as Woolworths, Pick ‘n Pay, Pick ‘n Pay Clothing, Wimpy, MTN, PNA Stationers, Capitec Bank, Clicks, Crazy Store & Mr Price. GLA: 5 933 M2 Shopper Profile: LSM 6-9 USAGE UNIT NO SQM RENTAL AVAILABILITY Catchment Area: Lochnerhof, Somerset West, Gordon’s Bay, Helderberg, Firgrove & Strand Retail Shop 18 75 R26 625/PM Immediately Suggested Tenants: Clothing, Computers, Speciality Footwear, Hair, Health & Beauty, Homeware & Retail Shop 8 78 R27 690/PM Immediately Medical. Retail Kiosk TBC R10 000/PM 1 May 2022 GARETH HEIBERG Property Manager 021 595 3000 / 068 018 4857 anne@fpggroup.co.za CLICK HERE for Centre Floor Plan APRIL 2022 EDITION
SOMERSET SQUARE A fresh, new and modern look has been unveiled at Somerset Square, an integral part of the town that has been serving residents for 35 years. Conveniently located in the heart of the community on Main Rd offering free parking and a great tenant mix. Anchored by: Revamped Checkers and Medirite store, PNA and The Crazy Store. GLA: 6 000 M2 USAGE UNIT NO SQM RENTAL AVAILABILITY Shopper Profile: LSM 6-10 Storage Storeroom 70 R 3 850/PM Immediately Catchment Area: Somerset West, Firgrove, Macassar, Strand & Gordon’s Bay. Retail Shop 102 25,30 R 11 080/PM 2 Month’s Notice GARETH HEIBERG Property Manager 021 595 3000 / 081 307 5692 gareth@fpggroup.co.za CLICK HERE for Centre Floor Plan APRIL 2022 EDITION
RONSYN Ronsyn is a prime retail building on the busy Main Rd in Rondebosch featuring restaurants, take-aways and retail stores. The space is ideal for any business looking to target the student market, creating a creative hub with high visibility from Main Rd. GLA: 2 391 M2 Shopper Profile: LSM 7-10 USAGE UNIT NO SQM RENTAL AVAILABILITY Catchment Area: Rondebosch, Claremont, Observatory, Mowbray & Newlands Retail Shop 2 173 R 290/M2 2 Month’s Notice ANNE VOORNEVELD Property Manager Retail Shop 3 178 R 330/M2 2 Month’s Notice 021 595 3000 / 068 018 4857 Retail Shop 4 168 R 330/M2 1 Month’s Notice anne@fpggroup.co.za Retail *Shop 6 520 R 190/M2 2 Month’s Notice Retail *Shop 7 315 R 36 255/PM Immediately Retail *Shop 8 205 R 23 575/PM Immediately * Shop 6 can be sub-divided * Shop 7 & 8 can be consolidated – located on first floor APRIL 2022 EDITION
RONDEBOSCH MAIN Rondebosch Main is centrally located on Main Road Rondebosch near to the UCT Campus. The convenience shopping centre offers secure covered parking with a wide range of stores such as Pick ‘n Pay, Clicks, Kauai, Nando’s McDonald’s, Nedbank and KFC. GLA: 6 864M2 Shopper Profile: LSM 7-10 USAGE UNIT NO SQM RENTAL AVAILABILITY Catchment Area: Rondebosch, Claremont, Observatory, Mowbray & Newlands Retail Shop 14A 80 R 24 634/PM 2 Month’s Notice Suggested Tenants: National, Clothing & Footwear, Speciality, Health & Fitness & Showroom. Retail *Shop 14C 56 R 22 400/PM 2 Month’s Notice ANNE VOORNEVELD Retail *Shop 14D 107 R 21 400/PM Immediately Property Manager 021 595 3000 / 068 018 4857 Retail Shop 5 90 R 29 700/PM 1 June 2022 anne@fpggroup.co.za * Shop 14C & 14D can be consolidated APRIL 2022 EDITION
SHELL LONGBEACH Shell Service Station is situated opposite Long Beach Mall. The Shell Service Station was built to include a KFC and other line shops within the vicinity. GLA: 1 243 M2 Catchment Area: Noordhoek, Fish Hoek, Silvermine & Cape Point Suggested Tenants: Upmarket Office USAGE UNIT NO SQM RENTAL AVAILABILITY ASHRAF ALLIE Property Manager Office 1&2 78 R 11 700/PM Immediately 021 595 3000 / 083 399 7738 ashraf@fpggroup.co.za APRIL 2022 EDITION
KUILSRIVER Located on van Riebeek Rd in Kuilsriver opposite Pick ‘n Pay River Park. The Shell Service Station was built to include a KFC and other line shops within the vicinity. GLA: 1 799 M2 Shopper Profile: LSM 4-6 Catchment Area: Blue Downs, Delft, Eerste River, Brackenfell & Bellville USAGE UNIT NO SQM RENTAL AVAILABILITY Suggested Tenants: Take-Away, Fast Foods, Hardware, Clothing & Electronics Retail Shop 5 170 R 20 400/PM 2 Month’s Notice ASHRAF ALLIE Retail Storeroom 4 147 R 9 114/PM Immediately Property Manager 021 595 3000 / 083 399 7738 ashraf@fpggroup.co.za APRIL 2022 EDITION
PAROW VALLEY There are 68-bedroom units in this block. With retail outlets on the bottom floor. The apartment block is surrounded by other residential areas, schools and other retail outlets. Catchment Area: Parow, Ruyterwaght, Goodwood, Beaconvale & Cravenby. Suggested Tenants: Take-Away, Laundry, Nail & Beauty & Hardware. USAGE UNIT NO SQM RENTAL AVAILABILITY GARETH HEIBERG Property Manager Residential Flat 41 R 5 200/PM Immediately 021 595 3000 / 081 307 5692 gareth@fpggroup.co.za APRIL 2022 EDITION
SHOPRITE STEENBERG Retail convenience centre situated in bustling Military Road, Steenberg. Anchored by: Shoprite & Hungry Lion. GLA: 3 513 M2 Shopper Profile: LSM 4-6 Catchment Area: Steenberg, Retreat, Lavender Hill & Coniston Park. USAGE UNIT NO SQM RENTAL AVAILABILITY Suggested Tenants: Take-Away, Fast Food, Optometrist. Retail Shop 3 74 R 17 020/PM Immediately ASHRAF ALLIE Property Manager Retail Unit 1 7.5 R 3 800/M2 Immediately 021 595 3000 / 083 399 7738 ashraf@fpggroup.co.za APRIL 2022 EDITION
BISHOP LAVIS Situated near Lavistown Train Station in Bishop Lavis. The centre caters for a wide range of tenants. GLA: 7 015 M2 Shopper Profile: LSM 4-5 Catchment Area: Elsiesriver, Matroosfontein, Montana, Ravensmead Suggested Tenants: Clothing, Motor Spares & Barber USAGE UNIT NO SQM RENTAL AVAILABILITY ASHRAF ALLIE Property Manager Retail Shop 24 88 R 11 000/PM 1 September 2022 021 595 3000 / 083 399 7738 ashraf@fpggroup.co.za Retail Shop 2 100 R 14 800/PM 1 September 2022 APRIL 2022 EDITION
GOODWOOD FOODWORLD A space has become available at Food World Centre Goodwood. The vacant space can be used for both retail / commercial. The building consists of line shops facing Voortrekker and is anchored by a busy Food World. Anchored by: Food World GLA: 2 507M2 Shopper Profile: LSM 4-6 USAGE UNIT NO SQM RENTAL AVAILABILITY Catchment Area: Ruyterwacht, Thornton, Parow, Richmond Estate. Retail Shop 10/11 154 R 10 000/PM Immediately Suggested Tenants: Food, Gadget, Clothing, Hair Salon, Pet Shop, Take-Away & Fast Food. Retail Shop 5 65 R 13 000/PM 2 Month’s Notice ASHRAF ALLIE Property Manager 021 595 3000 / 083 399 7738 ashraf@fpggroup.co.za APRIL 2022 EDITION
WATERMEYER PARK Watermeyer Park in Val De Grace, Pretoria is a neighbourhood convenience centre. There is a strong footfall with middle and high LSM consumers in an established area. Anchored by: Woolworths Food, Virgin Active and Clicks. GLA: 5 883 M2 Shopper Profile: LSM 7-10 USAGE UNIT NO SQM RENTAL AVAILABILITY Catchment Area: Silverton, Val-de-Grace, Meyerspark, Georgefield & Murrayfield. Retail Shop 19+20 417 R 150/M2 Immediately Suggested Tenants: National Stores, Butchery, Plastic Retail Shop 12 120 R 28 200/PM 1 April 2022 Store, Hobby Shops, Coffee, Linen & Hardware. Retail Shop 14 75 R 24 375/PM 2 Month’s Notice STEPHEN VAN DER WESTHUIZEN Property Manager Retail Shop 17 82 R 24 600/PM 2 Month’s Notice 021 595 3000 / 073 498 2086 Retail Shop 21C 71 R 20 250/PM 1 April 2022 stephen@fpggroup.co.za Storage Storeroom S1 6 R 10 20/PM Immediately CLICK HERE for Centre Floor Plan APRIL 2022 EDITION
BATTERY PARK Industrial Complex in Bofors Circle, Epping. Each unit has 24hr security, two parking bays and 100amps 3 phase. GLA: 3 300 M2 Catchment Area: Epping, Thornton, Ruyterwacht, Elsies River. Suggested Tenants: Storage, Engineering, Manufacturing, Shop-Fitting, Signage, Packaging & USAGE UNIT NO SQM RENTAL AVAILABILITY Distribution. Industrial Unit 7 478 R 55/M2 1 Month’s Notice ASHRAF ALLIE Property Manager Industrial Unit 3 362 R 55/M2 1 April 2022 021 595 3000 / 087 287 4604 ashraf@fpggroup.co.za APRIL 2022 EDITION
CONNAUGHT PARK Connaught Mini Units consists of 17 light industrial mini units on the corner of Connaught Road and Jan Smuts Road, Parow. Excellent exposure to passing traffic and easy access to public transport. Each unit has metered water and prepaid electricity. GLA: 3 088 M2 Catchment Area: Parow, Beaconvale, Epping, USAGE UNIT NO SQM RENTAL AVAILABILITY Elsiesriver & Goodwood. Industrial Unit 17 226 R 55/M2 Immediately Suggested Tenants: Storage, Light Manufacturing, Signage, Packaging & Distribution. GARETH HEIBERG Property Manager 021 595 3000 / 081 307 5692 gareth@fpggroup.co.za APRIL 2022 EDITION
KENDON HOUSE Kendon House is conveniently located on the Plattekloof Hill just off the N1 highway, facing Plattekloof Road with stunning views. Kendon House will be redeveloped into P grade offices with prestige lobby finishes and modern office space. The office space features an open plan layout, lift access, individual offices, ablutions and onsite covered parking. GLA: 2 244 M2 USAGE UNIT NO SQM RENTAL AVAILABILITY Catchment Area: Welgelegen, Panorama, Milnerton, N1 City & Century City. Office * First Floor 1-1 392 R 200/M2 November 2022 Suggested Tenants: Commercial Tenants. Office * Second Floor 2-2 476 R 200/M2 November 2022 ANNE VOORNEVELD Property Manager Office Second Floor 2-3 30 R 220/M2 November 2022 021 595 3000 / 068 018 4857 Office Second Floor 2-4 60 R 220/M2 November 2022 anne@fpggroup.co.za * Floor 1-1 can be sub-divided * Second Floor 2-2 can be sub-divided APRIL 2022 EDITION
FPG HOUSE Centrally located in the N1 City Precinct in Parow, in close proximity to the N1 Highway and Voortrekker Road. FPG House offers ease of access and convenience bordering Parow Golf Club. Each floor has a boardroom, meeting room, corner offices, open plan offices, restrooms, kitchen and elevator between each floor. GLA: 1 510 M2 USAGE UNIT NO SQM RENTAL AVAILABILITY Catchment Area: Panorama, Milnerton, Office Ground Floor 456 R 130/M2 1 Month’s Notice N1 City & Century City. Suggested Tenants: Commercial Tenants. Office First Floor 387 R 140/M2 October 2022 GARETH HEIBERG Office Second Floor 387 R 150/M2 October 2022 Property Manager 021 595 3000 / 081 307 5692 gareth@fpggroup.co.za APRIL 2022 EDITION
FPG PROPERTY FUND VACANCY SCHEDULE • No verbal introductions or letters of introduction will be recognized. Only a submitted Offer to Lease will constitute effective cause. • All amounts quoted exclude VAT. • No agent boards to be erected at properties without prior consent in writing. • No advertising will be allowed on any social media or other electronic platform without the prior written consent of FPG Property Fund. • Whereas every effort has been made to ensure that the contents of the vacancy schedule are correct, FPG Property Fund does not accept any responsibility or liability whatsoever for incorrect information which may appear herein. • The contents hereof are subject to change without prior notice. PAYMENT OF COMMISSION • The Broker must be the "effective cause" of the transaction for commission to become due and payable. To prove that the Broker was the "effective cause" of the transaction, it must be established that the Broker's efforts were the decisive factor that triggered the transaction. The evidence of the Broker's efforts would be an approved offer, and a signed lease obtained by the Broker. • To the extent that any dispute arises in respect of this Mandate, such dispute will be referred to the Landlord's legal advisor and the legal advisor's decision will be final and binding. • Commission is payable on basic rental only, subject to the following conditions having been met: • Lease and other documentation signed by all parties • Deposits, bank guarantees, lease fees and 1st month's rental paid • All lease suspensive conditions have been fulfilled • All FICA documentation received • Tenant has taken occupation of the premises ARPIL 2022 EDITION
FPG PROPERTY FUND VACANCY SCHEDULE CONTINUED... • For deals of 1 to 3 years commission is calculated on the following guidelines: • 5% on the first year's basic rental (or part thereof) • 5% on the second year's basic rental • 2.5% on the third year's basic rental • If an Agreement of Lease has a term of more than three (3) years, we reserve the right to negotiate the commission depending on variables relating to each transaction. • If an Agreement of Lease contains a 'get-out' clause, commission will be payable for the duration of lease up to the get out clause, the balance may be claimed only if the tenant elects to continue with the lease (this clause must be read in conjunction with the afore- mentioned condition). • Commission is not payable on renewals, rent free periods, options, additional space leased, space leased in the rest of the FPG portfolio by the Lessee or any sale by the Lessor to the Lessee. • Should a Broker wish to introduce a single Tenant, or brand, to multiple centres/premises within the FPG Portfolio, commission will only be payable on the first Offer to Lease accepted by the Landlord. No commission will be payable on any subsequent transactions. • All rentals quoted exclude marketing contribution and rates and taxes. ERRORS AND OMISSIONS EXCEPTED APRIL 2022 EDITION
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