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102m2 Office unit available TO LET in Umhlanga Ridgeside
R 2,754,000
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General Details
Location:
Description
Upside Properties is pleased to offer this sectional title unit situated in a well-maintained and secure office building in Ridgeside Office Park.
Property Specifications:
Floor area - 102m
Asking price - R2 754 000
Estimated Monthly Income - R23 460
Estimated Return On Investment - 6%
Current setup - Open plan with kitchenette and own ablutions
Expenses:
Monthly rates - R6 023.92
Monthly levies - R3 664.62
Tenants:
Sea Harvest
Monthly Rent (Excl Vat) - R22 050
Lease Term - 01/02/2024 — 01/01/2027
Upside Properties specializes in commercial and Industrial properties in Springfield, Briardene, Riverhorse Valley, Red Hill, Glen Anil, Durban North, Umhlanga, Mount Edgecombe, Phoenix, Cornubia, Dube Trade Port, and Ballito. We also specialize in the Greater Durban area, however, we have concluded deals in other areas around the country including Johannesburg and Cape Town.
For more information or to organize viewing contact Upside Properties today!
Property Reference #: CL2174
Agent Details:
Phindile Kamase
Upside Properties
11 Aubrey Drive
Glenashley
Durban
4051
Property Specifications:
Floor area - 102m
Asking price - R2 754 000
Estimated Monthly Income - R23 460
Estimated Return On Investment - 6%
Current setup - Open plan with kitchenette and own ablutions
Expenses:
Monthly rates - R6 023.92
Monthly levies - R3 664.62
Tenants:
Sea Harvest
Monthly Rent (Excl Vat) - R22 050
Lease Term - 01/02/2024 — 01/01/2027
Upside Properties specializes in commercial and Industrial properties in Springfield, Briardene, Riverhorse Valley, Red Hill, Glen Anil, Durban North, Umhlanga, Mount Edgecombe, Phoenix, Cornubia, Dube Trade Port, and Ballito. We also specialize in the Greater Durban area, however, we have concluded deals in other areas around the country including Johannesburg and Cape Town.
For more information or to organize viewing contact Upside Properties today!
Property Reference #: CL2174
Agent Details:
Phindile Kamase
Upside Properties
11 Aubrey Drive
Glenashley
Durban
4051
Id Subtitle 1277259372
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Estimated monthly repaymentR 29,846
Total property loan amountR 2,754,000
Total interestR 4,408,871
Total repaymentR 7,162,871
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Upside Properties
Selling for 3+ years
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