Gardens Centre
ADDRESS Mill St, Gardens, Cape Town
DESCRIPTION Sections 1, 2, 3 & 4 as per sectional plan SS73/1985, known as Gardens Centre, Cape Town
PROPERTY TYPE Retail
INDEPENDENT VALUATION R370,000,000 on 31 March 2010
CARRYING VALUE R370,000,000
MAIN TENANTS Pick n Pay, Woolworths, Clicks, Truworths
GROSS LETTABLE AREA 14,388m²
CURRENT VACANCY 4.10%
LEASE EXPIRY Year ending March 2008 - 5.2%
Year ending March 2009 - 35.7%
Year ending March 2010 - 15.8%
Year ending March 2011 - 16.1%
Year ending March 2012+ - 27.1%
RENTAL AVERAGE R172.60
ESCALATION AVERAGE 0.00%

ACUCAP PROPERTIES LIMITED
REG NO.
JSE CODE
ISIN
2001/021725/06
ACP
ZAE 000037651
TEL.
FAX.
EMAIL.
+27 (0)21 702 2745
+27 (0)21 702 2738
INFO@ACUCAP.CO.ZA
REGISTERED OFFICE
 
 
SUITE A11, WESTLAKE SQUARE
WESTLAKE DRIVE, WESTLAKE, CAPE TOWN
PO BOX 31079, TOKAI, 7966