Office space in Somerset Park

FOR SALE -Umhlanga Ridge Fully tenanted 1 979 sqm Commercial Property R40 000 000. This free standing building is situated in a prime position with good signage opportunities onto the busy Armstrong Avenue.The property is in a secure gated office park with boom access control ,24 hour guards.and electric perimeter fence.

The building is 75% let. The entire 1st floor is let to a blue chip tenant who has a 10 year lease expiring 2027. Suite 1 ground 426sqm vacant, Suite 2 562sqm let with a 5 year lease in place until 30/4/2028. The offices are in excellent condition and are fully air conditioned. 60 basement parking bays and 30 open parking. The gardens are landscaped and well maintained. This is a great investment opportunity and a rare find at R20 000/sqm.