Features

90

?

Beds

Baths

Garage

Parking

Rooms

Swimming Pool

Garden

Furnished

Restaurant

Pet Friendly

Alarm

Guest Rooms

Wheelchair

Wireless

Aircon

Spa

Elevator

Conference Facilities

90 parking bays

FOR SALE -Umhlanga Ridge – Fully tenanted 1 979 sqm Commercial Property R45 000 000

This free standing building is fully tenanted with good quality tenants and offers an excellent return of 10% which is rarely found in the Umhlanga area. This property has a prime location in Torsvale Park which is an established upmarket office park in the La Lucia Ridge Office Estate in Umhlanga. The park is secure with boom-controlled access, fully electric fenced and has 24/7 guards. The property comprises a single C-Shaped double storey air-conditioned A Grade office building with a primary entrance atrium and two secondary ground floor entrance and has both basement and open parking. The building is well maintained and in excellent condition and offers a flexible and highly adaptable layout which has been divided into 3 lettable units. The offices have been internally configured to both tenants' respective requirements but can be easily reconfigured. The gardens surrounding the building is landscaped and well maintained. Gross lettable area 1 979 sqm. 90 parking bays – 60 basement and 30 open bays. Rates R48 810 pm. Park Levy R12 784 pm. This is a great investment opportunity offering a 10% return. Call Barry Sparks to arrange a viewing or obtain additional information.

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Property details

Rates and Taxes
R48,810 per month

Levies
R12,784 per month

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