Commercial office for sale in New Town Centre

Commercial office for sale in New Town Centre - 1ND1726939
  • For sale
  • Video

R5,500,000
plus VAT thereon

4 parking baysBuilding 272 m²

Expenses

Levies: 
R12,153 per month
Rates and Taxes: 
R16,564 per month
  • Parking
Listing #: 1ND1726939

FOR SALE 272sqm Commercial Property in Umhlanga Ridge – R5 500 000

This 272sqm office is in a prime position with views over Gateway Shopping Centre and offers a premium investment opportunity with an excellent tenant in place until 2027.

Asking price R5 500 000.

This 272sqm fully fitted office is situated on the 3rd floor of a sectional title complex situated opposite Gateway Shopping Centre.

- 4 u/c parking bays

Comprises: - Reception area, large open plan area, office, storeroom, 2 x ablution, kitchen, balcony with great view over Palm Boulevard & Gateway. Tiled. Fully Airconditioned. Lift. Disabled ablution on the floor.

Plenty of street parking and a parking garage.

The current tenant has rented these premises since 2017 and has an excellent payment record. Currently paying R75 000 p.m. with 7% escalation p.a., and the lease expires 30/11/2030.

- Commission - 4% including vat.

This is a great investment opportunity.

The complex has 24 hour manned security ensuring a secure working environment.

Call Barry Sparks for more information or to arrange a viewing.

Key features

  • Excellent security

Listing details

Rooms

    • Other rooms
      • Kitchen
      • Kitchen with tiled floors
      • Storeroom

Other features

North Durban Office

Pam Golding House, 2 Swapo Road (Broadway), Durban North, 4051, KwaZulu-Natal
Registered with the PPRA.Holder of a Business Property Practitioner FFC. Operating a Trust Account. A Franchise of Pam Golding Franchise Services (Pty) Ltd.Durban Coastal Invest (Pty) Ltd t/a Pam Golding Properties KZN Durban Coast
North Durban Office details

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