Office Space Lease – Understanding The Basics
Office Space Lease – Understanding The Basics Before looking for new office space for your business and before any landlord allows you to move into a property, you must sign a lease agreement. This agreement is a legal contract between the owner of the property and an incoming tenant that outlines the terms of the […]
Costs of Leasing an Industrial Property
Costs of Leasing an Industrial Property It is very important for a prospective tenant to have a clear understanding of all costs their business will incur before committing to a fixed-term lease with a landlord. It is the responsibility of a 5th Avenue Properties broker to advise and guide their client, providing full transparency […]
10 Ways to Reduce Your Office Carbon Footprint
10 Ways To Reduce Your Office Carbon Footprint Whether small, medium or large enterprises, companies are increasingly becoming aware of the need to reduce their carbon footprint. With the ever-increasing cost of electricity in South Africa, one of the most sustainable ways for a business to reduce overheads whilst at the same time promoting […]
Do you need property insurance, even if you’re just renting?
Do you need property insurance, even if you’re just renting? Property insurance is a personal matter that a lot of tenants either choose to have or don’t have. In most leases, the landlord will always insure the structure of the property, and the tenant will be responsible to insure the contents of the property within […]
Mayfair On The Lake
Mayfair On The Lake Mayfair on the Lake forms part of a 3-phase development in the much sought-after business hub of Umhlanga New Town Centre. Lincoln on the Lake was the building while The Boulevard was recently completed to finish off the development. The building offers great office space ideal for tenants looking for a […]
Riverhorse Valley Located centrally in the greater Durban area, measuring 150 hectares and running along the main N2 freeway, is one of the most sought-after industrial areas in Durban. Ideal for light industrial and warehousing, Riverhorse Valley (made up of land from the surrounding suburbs of Effingham, Greenwood Park, Avoca, and Newlands East) remains one […]
Nicol Grove @ Design Quarter
Nicol Grove @ Design Quarter Well-Positioned In A Sought-After Location Nicol Grove Office Park is strategically located on the corner of William Nicol Drive and Leslie just behind the Design Quarter Shopping Precinct in Fourways. The office park boasts 4 ultra-modern, multiple levelled buildings with a contemporary architectural design that offers 17 959m² of […]
Cedar Tree Office Park
Cedar Tree Office Park Looking For Highly Visible Office Space In Fourways? Cedar Tree Office Park is ideally situated on the highly visible corner of Cedar Road and Stinkwood Close opposite Fourways Life Hospital. The office park offers 3,600m² of A-Grade sectional title offices and medical suites to let or for sale with an […]
Fourways Golf Park
Located In The Heart Of Fourways Fourways Golf Park is located in the heart of Fourways, just off Fourways Boulevard, spread over an erf size of 54,338m². The office park consists of 13 commercial sectional title buildings, to let or for sale, bordering its greatest feature, a spectacular green 9-hole golf course enjoyed […]
What is the best way to find commercial office space for rent?
How a business can save time and optimise the outcome when finding and securing commercial office space to rent. The process of finding suitable commercial office space for your company to rent can be a formidable task. Commercial leases are complex and there are several types of commercial leases offered by the various Landlords, depending […]
Introduction to Lease vs Own Commercial Real Estate Analysis
Introduction to Lease vs Own Commercial Real Estate Analysis At face value, it makes sense to own the business premises you occupy. Why let someone else build wealth off your business? There are both pros and cons to owning versus the traditional leasing model. The ownership proposition may not necessarily be the best fit for […]
Sandown Mews A-Grade Office Park In The Heart Of Sandton CBD An A-Grade office park situated in the heart of Sandton CBD with a gross lettable area of 20,900m. The park consists of an East and West building. The park has 24-hour security with backup power and water. Large floor plates and competitive asking rentals are unique […]
Lincolnwood Office Park
LOOKING FOR A WELL-LOCATED OFFICE IN WOODMEAD? Lincolnwood Office Park comprises of 6 stand-alone buildings providing office space to rent from 300m to 1 350m. The park has well-established gardens with water features and mature trees, attracting interesting birdlife. Lincolnwood Office Park has a blend of basement, covered and open parking bays to lease, […]
Why Should I Invest in Commercial Property?
Why Should I Invest in Commercial Property? The key to successful commercial property investment is an excellent understanding of the commercial market and how it differs from that of the residential market. Firstly, you need to know what is considered a commercial property. Commercial property, as you can expect it, includes investments into retail, office […]
Should I lease or buy office/warehouse space?
Should I lease or buy office/warehouse space? People are often faced with the decision of whether to buy or rent commercial real estate. Whether you rent or buy will come down to any number of reasons: Reasons to Rent: You might be able to negotiate very favourable lease terms which means renting makes more sense […]
How Do Tenants Find Commercial Property To Rent?
How Do Tenants Find Commercial Property To Rent? 1. Commercial Real Estate listing platforms Tenants would do an internet search for information on commercial property available in areas they would want to relocate to. 5th Avenue Properties has various listings that might be worth checking out! 2. City Scouting A tenant might drive around an […]
Before You Sign That Lease
Before You Sign That Lease One of the most important steps in securing office space is understanding the pertinent clauses, as you will be bound to that document for the number of years you have signed for. One of the clauses that cause the most financial impact, is the reinstatement clause. The Landlord, at the […]