Fully Tenanted Upmarket Office building In Southgate Business Park.
This secure sectional title double storey office building is located in a sought after business park, known for it's manned security and 24 hour access control. In close proximity to the N2 freeway, shopping hubs, service stations, CBD and neighboring suburbs of Amanzimtoti.
The ground floor (160 sqm) has a main double door front entrance into a reception area with a separate single door side entrance. The board room and five offices are located along either sides of the passage from the reception area. The offices are semi furnished with mahogany desks, pedestals, office chairs and some art adorns the walls. There are conveniently placed toilets throughout and the ground floor also has a kitchenette. The first floor (160 sqm) can also be accessed by the ground floor side entrance, comprising six offices a full kitchen and a walk in safe . The unit has 10 parking bays allocated. The unit is also fully tiled throughout and air conditioned. The offices range from approximately 8-28 sqm.
The building is currently tenanted by a marketing company that shows no intention of vacating and will probably renew when the 1 year lease ends in March 2019, 10% escalation. Rates; R4,230. Monthly levy; R1,800. Utilities (included in rental) Average out to R6,600 currently. A cap rate of 8%. Discreet viewing by arrangement please.
Amanzimtoti is a stunning seaside town on the KwaZulu-Natal coast, 25 kilometres to the south of Durban. Amanzimtoti is a popular town for real estate and property investors who are looking for a holiday house close to Durban or for the more affluent businessman who commutes to Durban daily.
The greater Amanzimtoti area maps and links include Astra Park, Athlone Park, Doon Heights, Doonside, Ezimbokodweni, Illovo...
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