3659 m² Office Space in La Lucia

POA

Ian Wyles

Ian Wyles Auctioneers

Andrew Giddy

Ian Wyles Auctioneers

3659 m² Office Space in La Lucia

POA

Address: 84 amstrong avenue
Floor Area 3659 m² Rates R 9558

SECTIONAL TITLE - COMMERCIAL PROPERTY

The subject units are located in La Lucia Ridge Office Estate, which is home to many of Durbans multi-national and blue-chip companies.

Readily accessible to M4, M12 and N2 which ensures a significant demand.

Majority of Attorneys have relocated from the Central Business District to set up practices in the Office Estate.

The subject Sectional Title Units are located on a fully secure stand which comprises three free standing double storey office buildings and guard house.

Fully paved driveway and surrounds, with boundary fences, electrically operated access.

Of the three free standing buildings, two of which relate to this matter and are described as follows:

Sections 5, 6 & 7 of Plan No. 55339/2001

Improvements:

Comprise facebrick double storey office block 464m in extent with aluminium windows and doors, PVC gutters and down pipes more fully described as follows:

Ground Floor:Sections 5 and 6

Section 5:

Access from front and rear of building with mirror image both units comprising concrete floor, floor covering and all internal curtain walls removed leaving open area.

Damage to ceiling boards, several windows, severe water leaks from first floor,

damaging ceiling.

Two toilets with wash hand basins, both fully tiled.

Section 6:

Identical to Section 5, no floor coverings or internal walls, similar damage.

Two toilets with wash hand basins, incomplete, not tiled.

Open staircase with timber treads, several identified as burnt, leads to First Floor.

Section 7:

Large open plan office module with access to three small balconies, two

doors damaged, several ceiling panels, bathroom tiled, (shower, washbasin, toilet), waste pipe blocked, causing leaks to lower floor and first floor. Kitchen stripped of fittings, in addition two additional toilets unfinished, no tiles on wall and floors.

Large open plan office space has no floor coverings, internal curtain walls removed.

Section 8:

Free standing double storey office building 260 m in extent of similar construction to Sections 5, 6 and 7.

Unfortunately, this building has been extensively damaged by fire at first Floor Level and to a certain extent part of the Ground Floor.

Improvements previously comprised as follows:

Ground Floor:

Reception area open plan office kitchen 2 x offices toilet

First Floor: 2 x Large open plan offices

Extent:

Section 5: 106 m

Section 6: 106 m

Section 7: 232 m

Section 8: 130 m

Monthly Rates:

Section 5: R 4 913.00 (Estimated)

Section 6: R 4 913.00 (Estimated)

Section 7: R 9 558.00 (Estimated)

Section 8: R 5 358.00 (Estimated)

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3659 m² Office Space in La Lucia

POA

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