The property comprises approximately 2 230m² in the sought-after Sunclare building situated on Dreyer Street, off Protea Road, in the heart of the Claremont CBD.

A compelling case to be made to invest in quality office space as the market turns in favour of offices.

- Great Position in Claremont
- Popular - Close to Cavendish Square, situated on tree-lined Dreyer Street, with restaurants and coffee shops.
- Quality Tenant
- Quality A-grade Space
- Great Lease Terms – Rent below market due to massive TI expense from the tenant.
- Yield 9,3% (closer to 9,5% on transfer).
- Secure, structured undercover parking is available, but most staff use public transport, which is abundant at the Claremont station precinct.
The majority of the Sunclare building is owned by RDC Property Group (14 704m²), which is listed on the Botswana Stock Exchange.
- The unit is located on the 2nd floor with great mountain views.

Notes:

1. WNS is a multi-national BPO listed on the New York Stock Exchange (see below).
2. 5-year lease commencing 1 June 2023.
3. Annual 7% escalation on June anniversary.
4. Substantial fit-out complete. There is a new air-conditioning system, new lighting, new flooring, new ceilings, new electrical reticulation, and a dedicated generator.
5. Lease renewal highly likely after 5 years given significant cost of fit-out.
6. Professionally managed (Spire Properties), body corporate in good financial health.

The tenant will also occupy additional space in the building. The gross lease includes rate recoveries with only levies for the landlord account.

There are 36 secure basement parking bays. The entrance to the parking is easily accessible off Dreyer and Corwen streets.

Please contact Andre Theron for information on this investment opportunity.

The Sunclare building is situated on Dreyer Street, off Protea Road, in the heart of the Claremont CBD. The property is bounded by Dreyer, Corwen, and Protea Road. It is close to Cavendish Square Shopping Centre and MontClare Place and is surrounded by many coffee shops and restaurants.

The property's location off Protea Road makes it easy to access the M3 freeway and other major arterials in and out of Claremont.