Office for rent in Umhlanga Ridge, Umhlanga, KwaZulu Natal, 6000 m²

Umhlanga Ridge, Umhlanga, KwaZulu Natal, KwaZulu Natal

Office

ZAR 243

• 6,000 sqm

NEW DEVELOPEMENT - Position your business in Urban Corner, a proposed new mixed-use development in the growing Parkside precinct of Umhlanga. The development is designed to accommodate office, medical and retail users, with excellent accessibility from the N2, M41 and surrounding Umhlanga business districts. Key details: * Approximate total development size: ±6,000 m² * Office floor: approximately 1,650 m² * Medical floors: approximately 1,735 m² per floor * Ground-floor retail opportunities * Approximately 203 parking bays shown on the current plans * Five loading bays shown on the ground-floor plan * Nett rental: R195/m² per month * Covered parking: R1,050 per bay per month * Open parking: R900 per bay per month * Annual escalation: 7.5% * Lease period: five years * Fit-out allowance: R1,000/m² of usable office area * Construction period: approximately 16 months Additional monthly building costs: * Municipal assessment rates: budgeted at R43.51/m² * Building insurance: budgeted at R2.03/m² * Park levy: budgeted at R2.13/m² The plans remain subject to design adjustment. Rentals, operating costs and parking charges are exclusive of VAT. The commencement date and final configuratio…