30440 m² Commercial space in Durban CBD

The property is located at Braam Fischer Road, Durban immediately north of Durban''s Central Business District within the decentralised commercial node of Kingsmead, and resembles an island site.

It is well located in proximity to public transport. The area is serviced by the People Mover buses travelling through the city every 15 minutes as well as the Mynah Bus service travelling though the city, along the beachfront and on to Berea.

The surrounding properties include Standard Bank, Albaraka Bank, SABC, Unisa, the Hilton Hotel, the International Convention Centre, the Kingsmead Cricket Stadium and car dealerships

Tenants: -

Tenant 1 - @ 14 676m2

Tenant 2 - @ 13 064m2

Parking: -

Covered bays - 513

Open bays - 270

Overview of Costs:

Sale Price : - R138 million (excl VAT)

Office area - 27 740m2 @ R130 gross p/m2 ( excl VAT)

Basement - 621m2 @ R75p/m2 ( excl VAT)

Parking: Covered @ R1000 per bay (excl VAT)

Open @ R500 per bay (excl VAT)

Rates: approx R827 563

Overview of Premises:

This prime four-star rated ''existing'' green building includes basement and covered parking and is a four storey office building

Erf number Ptn 2 of Erf 11398 Durban.

The erf size is 26 297 m2. The total lettable space 27 740m2

Parking comprises 513 covered bays and 270 open bays.

This building has general business zoning rights.

The offices are characterised by large open voids from which the floors feed off to mainly open-plan areas of circulation, islands of individual workstations, training areas, meeting rooms, etc.

The spaces can be multi-tenanted with internal division works.

It has improved backup services, namely two generators (1 250 KVA, 1 650 KVA), diesel storage facilities (one 14 000-litre bulk tank, one 2 400-litre day tank and one 1 000-litre day tank), two 120 KVA UPS system and two 10 000-litre tanks.

For more information, or a private viewing, please contact me today.

Lease application and credit check fees apply.