GLA: 2,000m2

This immaculate double storey property is split right down the middle providing excellent facilities for 2 separate companies or for 1 company wanting to sectionalize their operation. The property layout is almost identical in each company’s section:

•  2 Beautiful reception areas
•  Large open plan offices situated on the top floor
•  Smaller offices on the ground floor
•  Boardroom
•  Fully air-conditioned
•  2 x Spacious warehouses with mezzanine area (High volume)
•  Warehouse space – (+-) 550sqm each plus a 132sqm   mezzanine
•  4 x canopied loading bays
•  Kitchen
•  Male and Female Toilets
•  Modern Face brick building providing for low-cost maintenance
•  Palisade fencing with Guard-house at front gate. 

Tenant Profile:

1) Gen-Tek - GEN-TEK Powered Generator Solutions provides a complete line of generators for commercial and consumer applications. They build and design diesel generators with customer specifications in mind and with the highest quality standards.
•  Occupancy -  1,000sqm
•  Rental – R63.80/sqm (including operating costs)
•  Lease till March 2011
•  Escalations @ 10% per annum (increases in March 2010)

2) Skipper Bar - Skipper Bar was established in 1961 and today there are 23 outlets countrywide – 18 company stores and 5 franchise outlets. Skipper bar specializes in men’s clothing apparel - labels include: Converse All Star Sneakers, Nikos, LL Bean, Nike, Adidas, Jonathan D, Tycoon, Dickeys and Levis.
• Occupancy – 1,000sqm 
• Rental – R50/sqm + R10/sqm Operating costs
• Lease till March 2011
• Escalations @ 10% per annum (increases in March 2010)

Macro-area Analysis:

Linbro Park has become a massively successful business park over the past few years. One of the main underlying factors to its success is the Business Park's close proximity to the N3 highway and close proximity to Sandton central business district, making it unnecessary for firms to open up offices in Sandton. The Linbro Business Park is also only a few 100 meters away from the new Gautrain Station. This is ideal for business owners as transport becomes highly accessible.
Security, maintenance and aesthetic standards provide great investor comfort.
As Linbro tends to attract the warehousing, distribution and high-tech industries, it offers a pleasant working environment without the industrial feel of older industrial areas.

Monthly Operating Expenses:

• Assessment Rates - R3,700
• Security; refuse; maintenance - R2,600 every 2-3 months
• Lights and Water - R10,000 (paid by tenants)
• Total Expense/month - R14,500