Significant Renovation & Caution Deposit: 400,000

This property is undergoing a substantial renovation project undertaken entirely by the landlord. A significant caution deposit of 400,000 is required. This deposit safeguards both the landlord and tenant throughout the renovation process and subsequent tenancy.

Property Details

Currently, the property is occupied (BQ occupied - Please specify what "BQ" refers to for clarity; e.g., "Building is currently occupied," or "Business Quarters occupied." Including this detail will improve SEO.). The renovation will address numerous aspects of the property to improve its condition and livability. Further details about the scope of the renovation work can be provided upon request.

Caution Deposit Breakdown (Optional, but highly recommended for transparency)

The 400,000 caution deposit serves multiple purposes. A detailed breakdown of how this deposit will be utilized (e.g., damage repair, outstanding rent, etc.) will be provided in a separate agreement. This transparent approach ensures both parties' understanding and minimizes potential future disputes.

Next Steps & Inquiries

For further information on the property, renovation schedule, and deposit terms, please contact us directly. We are happy to answer any questions you may have.

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