The mixed-use nature of development improves sustainability. The development is approximately 53 000 m² in total. Of this, roughly 23 000m² of GLA is taken up by the community shopping centre, while 12 000m² has been dedicated to office and studio space. All Directors / Members of the registered entity will be liable to sign surety.The Lessee shall, from the Beneficial Occupation Date and for the duration of the Lease Period, be liable for:All Municipal and Utility Charges amongst other electricity (including the costs of electricity consumed by an illuminated sign that the Lessee may erect in or on the Premises or Building), water and sanitation andrefuse, airconditioning consumption, maintenance and repair charges.Assessment Rates and Other Taxes: pro-rata share of the actual rates and taxes, fees, charges, levies including any increase in any given year.Deposit required: Expiry year's monthly rental times 3The Premises are to be constructed and fitted out in terms of the Landlord Standard Specification criteria. No operating costs are applicable. No parking rental applicable.
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