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R 7 300 000

Commercial Property for Sale in New Town Centre

New Town Centre, Umhlanga

Contact broker for street address

272 m²

Contact Broker

Barry Sparks

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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.

Listing number: P24-113649407, Image number: 1

Listing number: P24-113649407, Image number: 2

Listing number: P24-113649407, Image number: 3

Listing number: P24-113649407, Image number: 4

Listing number: P24-113649407, Image number: 5

Listing number: P24-113649407, Image number: 6

Listing number: P24-113649407, Image number: 7

Listing number: P24-113649407, Image number: 8

Listing number: P24-113649407, Image number: 9

Property Overview

Listing Number

113649407

Type of Property

Commercial Property

Listing Date

16 November 2023

Floor Size

272 m²

Levies

R 12 635

Rates and Taxes

R 15 624

Zoning

General Business

Facilities

Kitchen

Kitchen with tiled floors

Other

Storeroom

External Features

Parking

Other Features

Special Features

Special Features 1

Aluminium windows

Special Features 2

General building features including elevator

Points of Interest

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