New Development Of Commercial Sectional Title A Grade Office/Retail Space In Sibaya 175m2

Ref # 1909415 : Sibaya » Umhlanga » Kwazulu Natal

R 5,472,186

Peter Meyer

Property Specialist
Tel: 0825723194
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Property Details

Total space included in the price of this unit includes:- Office space 175m @ R26,536.00, Balcony 52m2 @ R12,000.00m2, Storeroom 20m2 @ R10,000.00. Total = 247m2 @ R5 472 186.00 (Excluding VAT)

Units are available from 32m2 up to 1058m2 launching at R26,536/m2 (Excluding VAT). Coastal Park is a new high-end commercial co-development located in the newly released Sibaya Nodes along the North Coast of Kwa-Zulu Natal some 10 - 15mins from Umhlanga. Coastal Park will be the first commercial development in Node 1, which currently features new residential developments reaching completion in the area. The finished product will be an attractive and secure sectional title office / retail solution. It will provide an opportunity for end-users and investors to own units in this sectional title scheme at cost price without paying the premium of a conventional developer's profit. Coastal Park will consist of: o Brand new sectional title A-Grade office units, available for purchase which will range from 150m2 to entire floors where the footprint is 2000m2. The total office component is 6258m2. o Two brand new Retail units (2), ideally located on the building perimeter off the roadside with open terraces and patios well suited for coffee shops and small restaurants. The total retail component is 175m2, excluding over 200m2 of the external seating/social interaction area. o Special requests for office fit-outs will be allowed. First-class 24/7 manned security with automated access control and guards will ensure peace of mind for all owner-occupiers and tenants. - Coastal Park will enjoy easy access to the M4 highway conveniently situated centrally between Ballito and Umhlanga as well as enjoying both sea views and inland views. The office park is a short 10min trip to King Shaka Airport. Other features include: * Exclusive entertainment area for corporate functions, * Friday drinks, or wellness activities. * Open landscaped courtyards with seating and o Automatic standby power generator and back-up water supply. * Energy efficient lighting, light motion sensors, economic water usage, and low consumption * Cooling solutions ensure cost-effective operation. o Generous storerooms available for purchase. o Flexible office design. Special requests for office fit-outs will be allowed. * Two high-speed lifts provide vertical transportation. * Visitor's parking. o Liberal parking provision for offices at 5 bays per 100m2 of Internal Useable Area. * Ground floor restaurants/Coffee Shops will provide convenient and quality cafe facilities. * Accessibility of the new Sibaya Node promising massive capital appreciation on market values. Completion date estimated for mid-2022. * Equal accessibility to King Shaka Airport, Umhlanga, Ballito, M4, and N2 highways.

Property Features

  • Property Type Office
  • Parking 7
  • Building Size 175m²

Associated Costs

  • Rates & Taxes ± 6125
  • Levy ± 3500