SHOWING LISTING 1 OF 1
 
GET EMAIL
ALERTS

R36,650 pm

Currency Converter

Price per m²
R175.4 Excl. VAT
Lease Period
None
Availability
None

Prime A Grade unit in Umhlanga New Town Centre

AMENITITES OVERLOOKS THE PRESTIGIOUS CHRIS SAUNDERS PARK
IN CLOSE PROXIMITY TO REGIONAL SHOPPING CENTRE : GATEWAY THEATRE OF SHOPPING
IN CLOSE PROXIMITY TO 2 PRIVATE HOSPITALS
WALKING DISTANCE TO 4 PROMINENT HOTELS
ACCESS & SECURITY BUILDING SITS WITIHN THE HEART OF THE UMHLANGA NEW TOWN CENTRE
ACCESSED VIA N2, M41 FREEWAYS
TOWN CENTRE IS MANAGED VIA PATROLLING VEHICLES AND CAMERA SURVEILANCE
BUILDING IS SECURED VIA 24HR SECURITY AND ROLLER SHUTTER ENTRANCES
BUILDING IS MANAGED VIA INTERNAL CAMERA SURVEILANCE
PUBLIC TRANSPORT BUS ROUTE ON UMHLANGA ROCKS DRIVE
TAXI RANK AT GATEWAY THEATRE OF SHOPPING
NEW MT. EDGECOMBE INTERCHANGE IS UNDER CONSTRUCTION
GO DURBAN ! PUBLIC BRT SYSTEM IS COMPLETED
GREEN RATING LINCOLN ON THE LAKE HAS BEEN AWARDED A 4 STAR GREEN STAR SA OFFICE V1 AS BUILT RATING
SIGNAGE OPPORTUNITY EXISTS TO ERECT AURECON SIGNAGE ON THE EXTERNAL FAÇADE
STANDBY GENERATOR 630KVA STANDBY GENERATOR IS INSTALLED
Building Description Portion of Ground Floor, Lincoln on the Lake, 2 The High Street, Parkside, Umhlanga Ridge New Town Centre

Schedule of Areas
Offices – Total Rentable 513.20m²
Parking Bays 5 per usable 100m²
Beneficial Occupation Date 01 - 30 April 2019
Lease Commencement Date 01 May 2019
Rental Schedule
Basic Rental R150/m²
Operating Costs R25/m²
Gross Rental R175/m²
Rate per parking bay R750/bay/month
Assessment Rates A pro-rata share of increases in assessment rates shall be payable as from July 2019
Escalation Rate % 9%
Tenant Office Installation Allowance R500/m² based on a new 5yr lease.
Landlord Obligations for duration of the lease Maintain , repair and keep in good order and condition the exterior, structure and roof of the premises
Tenant Obligations for the duration of the lease Maintain , repair and keep in good order and condition the interior of the premises
Right of option to renew
Special Conditions
5(Five) year renewal option
Subject to verification of intended usage of the premises
Subject to the effective cancellation of existing lease , , over the 4th floor
Building Description 4th Floor, Lincoln on the Lake, 2 The High Street, Parkside, Umhlanga Ridge New Town Centre

Schedule of Areas
Offices – Total Rentable 647.59m²
Dedicated Patio 173.74m²
Storeroom 37.57m²
Parking Bays 5 per usable 100m²
Beneficial Occupation Date 01 - 31 August 2019
Lease Commencement Date
01 September 2019 (SUBJECT TO FINALISATION OF BUILDING PROGRAM AT RICHEFOND
CIRCLE)
Rental Schedule
Basic Rental R150/m²
Operating Costs R25/m²
Gross Rental R175/m²
Rate per parking bay 27 Basement Bays @R750/bay/month
Assessment Rates A pro-rata share of increases in assessment rates shall be payable as from July 2020
Escalation Rate % 9%
Tenant Office Installation Allowance R500/m² based on 734.82m² and a new 5yr lease.
Landlord Obligations for duration of the lease Maintain , repair and keep in good order and condition the exterior, structure and roof of the premises
Tenant Obligations for the duration of the lease Maintain , repair and keep in good order and condition the interior of the premises
Right of option to renew
Special Conditions
5(Five) year renewal option
Subject to verification of intended usage of the premises
Subject to the effective cancellation of existing lease , , over the 4th floor

Operating costs are R 25 per sqm for both offices

Features

0
0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
209m²
Land Size
4,000m²

Umhlanga Rocks, Umhlanga

Umhlanga Rocks is the leisure capital of Ethekwini's beautiful coastline. Vibrant, diverse and cosmopolitan this stylish village of Umhlanga Rocks is famous for its position, views, attitude and progress. Umhlanga is well situated on the KwaZulu Natal North Coast. It is just north of Virginia Airport, and, by car, 30 minutes from Durban Airport, 2 hours North to the Hluhluwe Game Reserve, 2 hours South to the...
More Info

In the news

Here are South Africa's 'Hero Suburbs'
Despite the ups and downs that have characterised the property market over the past decade and the fact that the country has been facing some serious economic challenges, property investment in the below "Hero Suburbs" have...
 
  • 1
 

Get Email Alerts

Sign-up and receive Property Email Alerts of Offices to let in Umhlanga Rocks, Umhlanga.

Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group 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.

R
R

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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

You currently have no favourites.
Click on the favourite icon for a property to add it to your favourites.