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Buy nowThe tender seeks suitable office accommodation of 520M² for the Department of Sport, Arts and Culture in Newcastle, including parking facilities, for a duration of 5 years. The lease may be extended at initial rental rates.
This tender involves the procurement of office accommodation for the Department of Sport, Arts and Culture, specifically located in the Amajuba District, Newcastle. The required space encompasses 416M² of usable office area, with an additional 104M² designated as non-assignable space, bringing the total to 520M². In addition to the office space, the tender includes the provision of 5 lock-up bays, 15 undercover bays, 14 open bays, and 1 disabled parking bay, ensuring accessibility and convenience for staff and visitors alike.
The lease term is set for a period of 5 years, providing stability and continuity for the department's operations. Should the lease be extended beyond the initial term, the rental rates will revert to the original rate per square meter established at the beginning of the lease. This arrangement offers potential bidders a clear understanding of the financial commitments involved, making it an attractive opportunity for property owners and managers with suitable facilities in the area.
This tender is suitable for property management companies, real estate developers, and landlords with available office space and parking facilities that meet the specified requirements. Businesses that specialize in leasing commercial properties in the Newcastle area are particularly encouraged to apply.