La Lucia Mall Office Block
R60,060.00 (rental)
La Lucia, Durban Metropolis, Kwazulu Natal
Property Information
| CODE : | PP2540 |
| Rental Price : | R60,060.00 |
| Ownership : | S/Title |
| Building Size : | 203m² |
| Floor : | 1st |
| Parking : | Yes |
Description
The building is adjacent to the La Lucia Mall and has excellent exposure and easy access to the M4 and the N2 which will circumvent the gridlock experienced during peak hour traffic.
Size Offices: 203 m2 .
There are 10 allocated parking bays and abundant free parking near the Virgin Active Gym. There is a security guard on site during the day
The rental requirements excluding vat are
Basic Rental: R120 /m2
Share of Operating costs: R5/m2
Parking: R450/bay
50% share of water and sewer which is about R500/month
Escalation 9%
Tenants allowance R 150 000 plus vat based on a 5 year lease. The offices will be stripped to a shell and made ready for the new tenant to fit out.
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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.
