Choose Gauteng’s business destination of choice as your corporate headquarters

Ext. 124 is the expression of another flagship commercial development in the heart of Waterfall City. The two office buildings, each with their own individual identity, form the core of an exciting multi-purpose precinct that includes a hotel component.

Positioned primely within walking distance of Mall of Africa just off Magwa Crescent, the Ext. 124 complex is designed to emphasise natural light and urban greenery. Each building features a multivolume atrium and the spaces are framed by beautiful landscaped terraces.

The precinct is being developed in a phased approach with Phase 1 including two offi ce buildings of ±4 700 m² and 6 000 m² as well as the 8 500 m² hotel. Phase 2 will incorporate an additional two office buildings of 5 600 m² and 6,400 m².

The development is proposed to be completed in January 2020.

Rental Breakdown

Nett Rental

R 170.00/m²

Operating Costs

R 25.00/m²

Rates and Taxes

R 25.00/m² (estimated)

Precinct Levy

R 6.50/m² (estimated)


R 90.00/m²

Basement Parking

R 1 100.00 per bay per month

All rentals quoted above are estimated for 2020 and may be subject to change. All rentals are exclusive of VAT.

There will be a ATI Allowance of R950.00 per sqm offered on the useable area. Escalations are at 8% for Nett Rental and 8.5% for Ops Costs.

Why invest in EXT. 124 as your business address?

  • Contemporary aesthetic with urban design principles
  • Walkable park environment
  • Sophisticated security with 24-hour access control
  • Dedicated basement parking with a parking ratio of 4.5 bays per 100 m²
  • Located on the dedicated M4 Gautrain bus route
  • Fibre optics deployed throughout precinct
  • Silver LEED rating: energy effi ciencies and other long-term sustainability benefits
  • Shared restaurant facilities
  • All the amenities in the Mall of Africa

EXT 124
Magwa Crescent

-26.013283, 28.104140

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