630m2 Office floor available FOR SALE in Umhlanga Ridgeside
Web Ref.
CL2731
Floor size
630.00 m²
Upside Properties is pleased to offer this sectional title unit in the well-maintained and secure Ridgeside Office Park
Property Specifications:
- Floor area - 630m2
- Floor area consists of 4 units - 174m2, 177m2, 177m2, and 102m2
- Each unit has its own kitchen and ablutions
- 25 parking bays (19 U/c and 6 open)
- Asking price - R25 000/m2
- R1.4 million per annum – realistic estimate of the current rental market
Expenses:
Monthly rates - R381 876 p.a
Monthly levies - R173 400 p.a
Municipal Costs Other - R245 000 p.a
Tenants:
- 2 / 4 tenants are currently renewing their leases.
- The third tenant’s lease expires mid-2025 and the last expires mid-2026.
Upside Properties specializes in commercial and Industrial properties in Springfield, Briardene, Riverhorse Valley, Red Hill, Glen Anil, Durban North, Umhlanga, Mount Edgecombe, Phoenix, Cornubia, Dube Trade Port, and Ballito. We also specialize in the Greater Durban area, however, we have concluded deals in other areas around the country including Johannesburg and Cape Town.
For more information or to organize viewing contact Upside Properties today!
Property Specifications:
- Floor area - 630m2
- Floor area consists of 4 units - 174m2, 177m2, 177m2, and 102m2
- Each unit has its own kitchen and ablutions
- 25 parking bays (19 U/c and 6 open)
- Asking price - R25 000/m2
- R1.4 million per annum – realistic estimate of the current rental market
Expenses:
Monthly rates - R381 876 p.a
Monthly levies - R173 400 p.a
Municipal Costs Other - R245 000 p.a
Tenants:
- 2 / 4 tenants are currently renewing their leases.
- The third tenant’s lease expires mid-2025 and the last expires mid-2026.
Upside Properties specializes in commercial and Industrial properties in Springfield, Briardene, Riverhorse Valley, Red Hill, Glen Anil, Durban North, Umhlanga, Mount Edgecombe, Phoenix, Cornubia, Dube Trade Port, and Ballito. We also specialize in the Greater Durban area, however, we have concluded deals in other areas around the country including Johannesburg and Cape Town.
For more information or to organize viewing contact Upside Properties today!
Features
Zoning
Interior
Exterior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Upside Properties website is accurate and up to date, Upside Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
