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R9,936,000

Monthly Levy
R24,492 Excl. VAT
Monthly Rates
R14,490 Excl. VAT

Commercial Property For Sale in Umhlanga, La Lucia

For Sale: Prime Commercial Property in La Lucia - 414 sqm - Investment Opportunity

Discover a rare investment gem in the heart of La Lucia, nestled within a well-established office park on Armstrong Avenue. This remarkable ground floor 414 sqm office space, with its own private entrance, is part of a 4-unit sectional title complex, making it a unique find in the area. The property boasts an impressive 21 secure parking bays, providing convenience and accessibility for both clients and staff.

Strategically located with excellent visibility from Armstrong Avenue and M41, this office space offers easy access to major transport routes including the N2, M41, and M4. The well-maintained office complex is surrounded by lush landscaped gardens featuring water features and majestic fever trees, complemented by stunning sea views. Security is top-notch with an electric perimeter fence, access control, and a 24/7 guard, ensuring a safe working environment. Additionally, there's a common entertainment/staff pause area for relaxation. The ground floor office space includes a dedicated reception area, two separate wings, a combination of private offices and open-plan work areas, a server room, male and female ablutions, a spacious kitchen, and full air conditioning. High-speed fiber internet is available within the building. Currently leased with a tenant in place, offering an attractive monthly rental of R75,570, with the lease extending until 30/11/2025 and escalating at 8% per annum.

Contact Bradley at Spire today for further details.

Features

5
16
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
414m²
Parking Bays
Covered Parking Bays
5
Open Parking Bays
16

La Lucia Ridge, Umhlanga

Area Profile: Umhlanga, KwaZulu-Natal - A Thriving Commercial Hub. Umhlanga is a vibrant and sought-after suburb renowned for its thriving commercial sector, exceptional office spaces, and bustling retail nodes. As a resident in Umhlanga, you are well-positioned to capitalize on the area's robust growth and business opportunities. The commercial landscape in Umhlanga is characterized by a diverse range of...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

141,120.47

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