La Lucia Ridge Office Estate

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R41,500.00 (rental)

La Lucia Ridge, Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP726
Rental Price : R41,500.00
Ownership : S/Title
Building Size : 257m²
Parking : Yes


Description

We are assisting our tenant, a JSE listed group of IT companies, in sub-letting a portion of their new building.

The building is currently being built by a blue chip construction company in the prestigious La Lucia Ridge Office Estate. Once complete it will provide exceptional sea views and will comprise ‘AAA’ office space, including high quality finishes and fit-out.

The sub-let portion is approximately 257m² (including common areas). 7 Open parking bays and 3 Undercover bays shall be provided (more parking bays may be available upon request). The sub-tenant shall be able to utilise the head tenant’s canteen and piggy back off their segmented network infrastructure (data and voice). The office fit-out as well as office furniture can still be agreed between the parties in due course (a furnished office solution is an option).

The lease parameters are as follows:

Occupation: 1st February 2010
Lease Period: 2 years (3 years subject to negotiation)
Rental: R140/m² excl VAT
Open Parking: R400/bay excl VAT
Undercover: R538/bay excl VAT
Park Levy: R1100
Total Rental PM: R41 500 excl VAT

Please don’t hesitate to make contact for further information.

Contact the Agent

Bradley Hancock » ++27 72 019 6192
[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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