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R 999 999 999 | office property for sale in berea west

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Property Description

GLA: /- 2 107 sqm | Unit 1: /- 576 sqm | Unit 2: /- 499 sqm | Unit 3: /- 516 sqm | Unit 4: /- 516 sqm | 69 Parking bays | A-Grade office blocks to accommodate 7 different tenants The property has excellent exposure from King Dinuzulu (Berea) Road and the N3 Freeway. The A-Grade office block is characterised by a tinted curved glass facade with a prominent curved signage arch facing King Dinuzulu (Berea) Road. This curved white signage structure is a defining feature of the building and offers owners and tenants a high visibility signage and branding opportunity. The property is fully fenced and walled, with an electric fence along a portion of the western and road boundaries. Both entrance and exit gates are automated. The property has 69 parking bays, 53 being within the fenced and gated portion of the property and 16 used as visitors parking bays on the outer side. The original double-storey building is situated at the rear of the site. The ground floor is known as Unit 1 and comprises a configuration of open plan and individual offices, most of which are partitioned by drywalling. Unit 1 has three access points and as such can accommodate three different corporate tenants sharing communal ablution facilities and two kitchens. All offices have either split unit air-conditioners or ducted air-conditioning. Unit 2 is positioned above Unit 1 and is currently partitioned to form one open plan office drywall partitioned to the premises of the Port Natal Lodge. The Port Natal Lodge premises and the open plan office each has own access from the entrance and exit driveways. The building at the front of the property is of modern design with both levels of the front line offices consisting of high windows facing King Dinuzulu (Berea) Road. Unit 3 is positioned on the first floor and Unit 4 on the second floor. Access to each floor is from a lobby adjacent to the secure parking area under the first floor. Each floor has a separate access to either wing with communal ablutions and a kitchen as the core area. This enables Units 3 & 4 to accommodate four different tenants conveniently. Currently Unit 3 & 4 comprises upmarket open plan and individual offices either with ducted air-conditioning or split unit air-conditioning. Unit 4 is currently occupied by two tenants and offices are designed tastefully reflecting the organizations approach which integrates with the needs of their clients. The property underlies AMAFA regulations. 381 Berea Road is located close to the busy corner of King Dinuzulu (Berea) Road and Musgrave Road / Hunt Road, within three kilometers of the Durban Central Business District. It is set approximately 75 m east from the intersection of King Dinuzulu (Berea) and Musgrave Road. In the recent years there has been an increased popularity of decentralized office space, many residential dwellings have been granted special consent and been converted and upgraded to offices. The area has at present, mix uses of residential, commercial and business properties. The neighborhood comprises residential houses and flats with ground floor shops and upper floor offices. The property is close to the Berea Centre, Musgrave Centre and Davenport Centre and enjoys excellent passing vehicular traffic and pedestrian trade. The property receives excellent exposure from the N3 National Freeway. Vehicular and pedestrian access is obtained from King Dinuzulu (Berea) Road. The property is within easy walking distance of retail shopping, restaurants, other forms of entertainment and commercial services. Many Educational facilities are in the area. The area is fully serviced with tarred roads, sewerage; refuse removal, data and telecommunications networks.


Property Details

Purchase Price R 999 999 999

Building Size2107 m2

Price Per SQMR 474608 m2

Type of PropertyOffice

ZoningCommercial

Last Updated03 Oct 2020

Property Location

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