Bridgewater Block 3 is a new commercial building being constructed on the northern and eastern side of the Bridgewater mixed-use development, opposite the new Century City Bridgewater Hotel. Clad in black profile metal sheeting, these 17 brilliantly positioned suites will make ideal premises for small business owners looking for a foothold in the prestige of Century City, and will be ready for occupation in mid 2021.
The seven suites on the ground and first floors are to let, while the second and third floor suites are for sale on a sectional title basis. These options range in price from R3,2m and R7m, with no transfer duty payable. Sizes range from 131 to 284 square metres.
The ground floor opportunities are suitable for retail use, with an upmarket convenience food store being a natural choice in this burgeoning mixed-use destination. Gross rentable areas range from 108 to 246 square metres at a rental of R225 per square metre ex. VAT. There is a TI allowance of R2 762 per square metre for the ground floor and R2 860 for the other floors. Parking at a ratio of 3 bays per 100 square metres will be available to let at R1 350 per bay ex VAT.