Estimated total: R1,458,000/month for 6,000 m²
Office to rent
New office to be built in Umhlanga Ridge, Umhlanga, KwaZulu Natal
Elevate your business presence in Umhlanga's vibrant Parkside precinct, highly accessible from the N2 and M41, with ground-floor retail, medical floors and 203 parking bays.
NEW DEVELOPEMENT - Position your business in Urban Corner, a proposed new mixed-use development in the growing Parkside precinct of Umhlanga.
The development is designed to accommodate office, medical and retail users, with excellent accessibility from the N2, M41 and surrounding Umhlanga business districts.
Key details:
* Approximate total development size: ±6,000 m2
* Office floor: approximately 1,650 m2
* Medical floors: approximately 1,735 m2 per floor
* Ground-floor retail opportunities
* Approximately 203 parking bays shown on the current plans
* Five loading bays shown on the ground-floor plan
* Nett rental: R195/m2 per month
* Covered parking: R1,050 per bay per month
* Open parking: R900 per bay per month
* Annual escalation: 7.5%
* Lease period: five years
* Fit-out allowance: R1,000/m2 of usable office area
* Construction period: approximately 16 months
Additional monthly building costs:
* Municipal assessment rates: budgeted at R43.51/m2
* Building insurance: budgeted at R2.03/m2
* Park levy: budgeted at R2.13/m2
The plans remain subject to design adjustment. Rentals, operating costs and parking charges are exclusive of VAT. The commencement date and final configuration are to be confirmed.
Contact Greg Harris to discuss your space requirements or arrange a private presentation of the proposed development.
Harris Commercial also offers a professional commercial rental-management service, assisting property owners with tenant management, rental collection and the day-to-day management of their investment properties.
*Artist impressions are for illustrative purposes only, and the completed development may differ from the images.*
Property history
Listed for rent at R243
