Introduction • The décor park consists of 23 units, joined together, and is built in the shape of a ‘C’. • The total lettable area of the park is over 13 000 square meters, with 248 parking bays. • It was birthed out of the need for a larger premises by a company already trading in Boksburg. • This is not the first time the owners of this company have developed, yet the park exudes warmth, attention to detail, and high level finishes. • The Park is in its final stages of construction, and is available for viewing by appointment. This means that your typical off-plan quality concerns are no longer relevant. The Concept • Saligna Park is designed to satisfy a portion of the huge demand for retail space in the powerful business node of Boksburg. • The unit sizes range from 319.9 square meters (incl. office space), to 1002.6 square meters (incl. office space). • It is positioned as a low noise park, targeting the retail market type tenant. • The entrance to the park will be boomed with manned access control. • A full height electric fence will surround the premises, and 24 hour security and surveillance will be appointed. • The possibility of a central back-up generator is currently being considered by the developer to protect the tenants power needs. The Locality • Saligna Park is located off Jet Park Rd, in Witfield, Boksburg. This commercial corridor is quickly being developed with many national retailers operating from as near-by as a few blocks away. • The Saligna Park Rd offramp is just one offramp before the East Rand Mall, heading East on the N12. • Its proximity is close to the R21, and even closer to the N12. • The Boksburg municipality is passively redirecting traffic to the mall from this offramp. The Leasing Spec • The lease structure is a Triple Nett Lease. • The office and warehouse space is priced at equal rates. • The net rental rate is priced from R52 per square meter. • Plus the monthly running costs of approximately 15% of the sqm rate. • The minimum lease period is 5 years. • The annual escalation will be 10% per annum. • Beneficial occupation is early January 2008.
		Retail Development - Saligna Park - Boksburg
		For more information, please contact - Catherine Fox - 082 852 5956 cathy@pace.co.za
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