Umhlanga Office For Sale - 250m2

R5,000,000.00

Umhlanga Ridge, Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP4701
Asking Price : R5,000,000.00
Ownership : S/Title
Levy : R5,706.00
Building Size : 250m²
Garage : Yes
Parking : Yes


Description

This 250m2 sectional title office unit is located in an office block within a secure office park in Umhlanga Ridge. It Comes with 7 under cover parking bays and 4 open parking bays.
The unit is currently tenanted until 31 December 2017 and it is unlikely that they will renew. They are currently paying R44 549 + VAT per month and annual escalation has been 9% over the past three years.
Rates: R7650pm
Levies: R5706pm
Asking Price: R5 000 000 + VAT

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Contact the Agent

Gerald Franken » ++27 83 225 9678
[email protected]

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Please Note Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.

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