12,000m² Office For Sale in Windermere

R65,000,000

Web Ref No 3029932

Metropolitan Multi Tenanted Blue Chip Commercial Investment Property

This 4 storey, well maintained commercial investment property is home to a number of Blue Chip commercial tenants, in the heart of a thriving Ethekwini business district, well known for it's address and easy accessibility. Located across the road from the train station and opposite the local Home Affairs offices.

The building comprises low maintenance construction material and an update to the existing signage is on the cards.

Constituting a tenant mix of retail, office, warehousing and distribution space. Anchored by Massmart and Masterparts, with renewed leases for 2024 and 2023 respectively, and plans to extend for the latter into premises currently occupied by another.
Multiple tenants include a church, 2 x security firms, photographic studio, offices of Sheriff of the Court, a national printing company and Tupperware.
A new tenant will be taking occupation of another office space for a 3 year period in the retail interior decor sector from 01 October 2018. There is therefore minimal office space in vacant occupation at this sought after address.

GLA; 11,379 sqm.

Multiple loading area, access via boomed gate and ramps, high parking ratio. 24 hour security.
Food kiosk on premises.

Contact me for a complete sales brochure, rental roll and income and expenditure. Arrangements can be made to view discreetly by appointment.

Features

Zoning Commercial
Purchase Rates R97,850.00pm Excl. VAT
Floor Size 12,000m²
Land Size 8,129m²

Broker Contact Details

Gavin Parkins
Scottburgh

Cell 0826242521
Office (039) 9782861

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