Entire Office Block – A Blue Chip Investment Opportunity

Ref # 2200150 : Umhlanga Ridge » Umhlanga » Kwazulu Natal

R 36,500,000

Under Offer

Richard Shorey

Property Specialist
Tel: 0824904000
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Property Details

ENTIRE OFFICE BLOCK – A BLUE CHIP INVESTMENT OPPORTUNITY

Situated in Umhlanga Ridge’s prestigious Torsvale Office Park, surrounded by select businesses, fronting on Fever tree-lined Umhlanga Rocks Drive and a stone’s throw from Gateway, this is a perfect location for a discerning business.

Fully secured by 24-hour boom control and sign-in access, this office block is surrounded by greenery, immaculately tended gardens and trees, and provides a harmonious and relaxed work environment.

This unique investment opportunity provides for a once-in-a-lifetime chance to own an entire building in Torsvale Park, with easy access to the N2 and M4 highways and close to all amenities.

What you’re getting:

- Return on Investment 8%

-land extent of 3410 m2

-gross lettable area approximately1704 m2

-existing long-term international client lease

-one floor open for occupancy/letting

-a 64 bay parking garage

-17 visitors bays

-numerous kitchenettes and staff canteen

-male and female ablutions on both floors

-backup water power

-building access control

Viewings by appointment.

Property Features

  • Property Type Office
  • Building Size 1,704m²
  • Stand Size 3,410m²

Grade

  • AAA

Associated Costs

  • Rates & Taxes ± 1
  • Levy ± 1

Location