229 A-Grade Offices to let - Ridgeside, Umhla

R37,807.00 (rental)

Umhlanga Ridge, Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP4382
Rental Price : R37,807.00
Ownership : S/Title
Building Size : 229m²
Garage : Yes
Parking : Yes


Description

229m2 A-Grade Offices to let in Ridgeside, Umhlanga with amazing sea views!

165.00 per m² = R 37,807.00 per month
5 basement parking bays at R 800.00 per bay and 2 open bays at R 400.00 per bay
Set generator recovery charge of R 1,357.00 per month (no escalation)
Recoveries of 12.06% of the building’s operating costs (electricity & water, cleaning and security)
Five year lease
Escalation is 8.5%
increases in municipal rates, insurance and Ridgeside Management levies over the base year.

· The premises is to be taken as is – all partitioning and infrastructure as it stands (excluding furniture or shelving). The TI allowance for a 5 year lease is R 500.00 per m². This equates to R 114,565.00 (229.13 m² at R 500.00)

Contact Matt Hayter 082 569 1765
[email protected]

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Contact the Agent

Matthew Hayter » ++27 82 569 1765
[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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