R 7 300 000
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272 m² Office Space in New Town Centre

272 m²

FOR SALE 272sqm Commercial Property in Umhlanga Ridge R7 300 000. This is an investment opportunity with an excellent tenant in place until 2027.

Asking price R7 300 000.

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

-Rates R15 624pm.

-Levy R12 635pm

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 R50 851pm and escalation at 4% pa. Lease expires 30/11/2027.

This is a great investment opportunity.

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

Property details

  • Listing number T4421056
  • Property type Offices
  • Listing date 16 Nov 2023
  • Floor size 272 m²
  • Rates and taxes R 15 624
  • Levies R 12 635

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