Investment Property

A-Grade 301m² Office For Sale – Prime La Lucia

Price: R5,500,000 + VAT

Size: 301m²

Rates: R12,331 p/m

Levies: R10,318 p/m

Total Monthly Costs: R22,649

Rental Scenario @ R210/m²

• Gross Rental: R63,210 p/m

• Net Income (after costs): R40,561 p/m

• Net Annual Income: R486,732

• Net Yield: 8.85%

Location Strengths (Strategic Factors)

La Lucia remains one of Durban’s most stable commercial nodes with strong corporate demand, excellent access via the M4, and consistent property performance.

Economic Performance (Market & Returns)

A-Grade offices in this node achieve R190–R230/m². Rising demand keeps vacancies low, supporting yields between 8%–10%, with this unit sitting firmly in the upper range.

Operating Environment (Infrastructure & Services)

The office park offers reliable utilities, strong security, landscaped grounds, and smooth traffic flow — ideal for uninterrupted business operations.

Social & Lifestyle Benefits (Staff & Client Appeal)

Walking distance to La Lucia Mall, gyms, restaurants, medical suites, and public transport makes this node highly attractive to professional tenants.

Compliance & Ownership (Legal Factors)

Fully compliant commercial building with professional park management, ensuring smooth transfer, clean documentation, and predictable running costs.

Environmental Advantages (Design & Park Layout)

Shaded areas, green landscaping, and excellent airflow create a cooler and more energy-efficient work environment. Easy access reduces commuting time and footprint.

Property Features

• Modern interior-designed finishes

• 2 boardrooms

• Reception

• 2 private kitchens

• Male & female bathrooms

• Split-unit aircon

• 14 dedicated parking bays

• Secure, fenced office park with intercom access

This is a high-quality, low-risk investment in one of Durban North’s top-performing office locations.