R 2 850 000 | office property for sale in umhlanga ridge

Upside Properties is pleased to present this premium 120m² office suite for sale at The Centenary, 30 Meridian Drive, Umhlanga Ridge. Situated within one of Umhlanga Ridge's most sought-after commercial precincts, this well-appointed office presents an excellent opportunity for both investors and owner-occupiers. The existing fit-out provides a functional workspace that is ready for immediate occupation while offering the flexibility to adapt the layout to suit future operational requirements. With Gateway Theatre of Shopping, major arterial routes, public transport, and a wide range of restaurants and business amenities nearby, this office offers the convenience and accessibility expected from a prime Umhlanga Ridge commercial address. Ideal For - Professional service firms - Legal and accounting practices - Consulting businesses - Administrative offices - Technology and support companies - Commercial property investors Property Highlights - Prime location in Umhlanga Ridge - Existing office fit-out for immediate occupation - Backup generator - Lift access - 24-hour security and controlled access - Five secure basement parking bays - Excellent connectivity to the N2 and M4 highways - Walking distance to Gateway Theatre of Shopping, restaurants, cafés, banks and other amenities Investment Highlights - Estimated gross rental income: R30,900 per month (including parking, excluding VAT, rates, levies and operating expenses) - Estimated annual gross income: R370,800 - Estimated gross yield: ±13.0% (based on the asking price and estimated gross rental income, before expenses) Property Specifications - GLA: 120m² - Asking Price: R2,850,000 (excluding VAT, if applicable) - 5 secure basement parking bays included - Monthly municipal rates: R5,359.06 - Monthly levies: R3,562.00 Whether you are looking to secure a prestigious commercial address for your own business or acquire a well-positioned investment asset, this office suite presents an excellent opportunity in the heart of Umhlanga Ridge. To arrange a viewing or request further information, contact Upside Properties today. Upside Properties focuses on commercial and industrial property throughout Durban and the greater Durban region.