Property Rental Rates

 

Province

Type of Business Space and rental range (R/m 2 per month, excl VAT)

Office

Retail

Factory

Mini-factory

Warehouse

Min

Max

Min

Max

Min

Max

Min

Max

Min

Max

Eastern Cape

48.89

10,160.00

35.00

45.00

25.00

30.00

8.50

25.00

13.94

20.00

Gauteng

27.50

110.00

47.00

90.00

35.00

82.50

20.00

57.67

22.06

47.62

KwaZulu-Natal

11.00

135.53

75.10

150.00

30.00

59.50

24.00

60.00

15.00

60.00

Mpumalanga

85.19

91.23

38.00

91.20

 

 

 

 

22.13

55.00

Northern Cape

77.13

126.72

 

 

 

 

 

 

 

 

Western Cape

40.00

240.90

65.00

120.00

31.92

40.00

28.00

60.00

25.00

50.00

Source: The Just Property Group; www.justcommercial.co.za (accessed November 2, 2009)

  • Eastern Cape property rentals based on Port Elizabeth advertised rental as at November 2, 2009. Choice of city based on information availability/abundance. This applies to all provinces represented
  • Gauteng rentals cover Northern Suburbs and West Rand
  • KwaZulu-Natal rentals cover Durban Berea, Durban North, Pinetown and New Germany areas
  • Mpumalanga rates cover Highveld and Escarpment
  • Northern Cape covers Kimberly
  • Western Cape rates cover Atlantic Sea Board, Northern Suburbs and Southern Suburbs

All information based business property rental rates on www.justcommercial.co.za, as at November 2, 2009.

 

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