Upside Properties is pleased to offer this sectional title unit in the well-maintained and secure Ridgeside Office Park
Property Specifications:
- Floor area - 630m2
- Floor area consists of 4 units - 174m2, 177m2, 177m2, and 102m2
- Each unit has its own kitchen and ablutions
- 25 parking bays (19 U/c and 6 open)
- Asking price - R25 000/m2
- R1.4 million per annum – realistic estimate of the current rental market
Expenses:
Monthly rates - R381 876 p.a
Monthly levies - R173 400 p.a
Municipal Costs Other - R245 000 p.a
Tenants:
- 2 / 4 tenants are currently renewing their leases.
- The third tenant’s lease expires mid-2025 and the last expires mid-2026.
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!
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