R429 678 | 1971 m2 @ R218 per m2
Melrose Arch is a popular mixed-use precinct north of Johannesburg. This popular destination houses numerous high-end tenants including Spanish fashion retailer Mango, as well the famed Moyo restaurant. British Airways, Allan Gray and Royal Bafokeng Holdings are among the precinct’s commercial tenants. Liberty said the acquisition was in line with their investment strategy. Liberty has various interests including property, insurance and asset management.
Tenant Installation Allowance: R350.00/m² on a 3-year lease and R550.00/m² on a 5-year lease. Parking rentals: R1,300.00 per bay per month. Escalation: 9%
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