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R20,000,000

5 Sinembe Crescent

Office Building For Sale in Umhlanga Somerset Park

Location: Sinembe Office Park, 5 Sinembe Crescent, Somerset Park, La Lucia Ridge

This prestigious office block, situated in the sought-after La Lucia Ridge Office Park, offers a prime investment opportunity. The property spans 1,187 SQM and is fully tenanted, providing immediate rental income. Positioned in a secure and vibrant business hub, this multi-tenanted building accommodates six companies, with three tenants on each floor.

Features:

Ground Floor - First Office:

1x Reception
1x Kitchen
1x Storeroom
8x Private Offices
Ground Floor - Second Office:

1x Reception
1x Boardroom
1x Open-Plan Office
1x Storage Facility
Ground Floor - Third Office:

1x Reception
1x Open-Plan Office
1x Boardroom
1x Manager's Office
4x Private Offices
Additional Information:

Fully tenanted with six established companies.
Strategic location in a high-demand business park.
Viewing strictly by appointment only.

Seize this exceptional opportunity to invest in a premium commercial property with reliable tenants in one of Durban's most prestigious office parks. Contact me today for more details or to arrange a private viewing.

We are a team of experienced, professional property practitioners focused within the Commercial and Industrial property sector of South Africa. We aim to create value for parties involved in any transaction. Our firm was founded on a culture of Information-sharing, where the client's needs always come first.

Features

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0
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
1,187m²

Somerset Park, Umhlanga

Umhlanga is a sought after location in KwaZulu-Natal, South Africa. With its stunning beaches, lush vegetation, and vibrant atmosphere, it's easy to see why. The area is known for its exceptional quality of life, and its central location in the province makes it an attractive option for both businesses and residents alike. One of the key draws of Umhlanga is its thriving commercial sector. The area is home to...
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In the news

Returning to the Office in 2024...
It's been interesting to see the dynamics of the office real estate market in 2023 and how it has been impacted by various factors, including the COVID-19 pandemic, floods, and looting. The shift towards remote work has indeed...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Fundation Property website is accurate and up to date, Fundation Property 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.

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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

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%

Monthly Payment

281,190.89

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