Durban Investment Property FOR SALE, Offices =1 492sqm x R14 745 Hillc

The office Park was developed some 7 years ago and is situated in the heart of Hillcrest in Lucas Drive, off Old Main Road. Hillcrest is a very well established, high income group, suburb which has in the past few years developed into a thriving commercial area with decentralized offices growing rapidly.

The 3 000 m² office development consists of 4 individual double storey office blocks of approximately 750 m² each. Each block has been divided into four sectional title units.

The design of the building is modern and low maintenance. There is ample parking provided in the park like surroundings of the property.
Located in central Hillcrest
• 35 kilometers from Durban
• 55 kilometers from Pietermaritzburg
• 10 kilometers from the N3 freeway
• 5 kilometers from the M13 highway

The entire property consists of 16 sections of which 8 sections are available for purchase.
This units available Comprise of
• 2 office blocks of 750sqm each.
• Each block is divided into 4 sectional title units.
• 4 sectional title units of +- 189sqm can also be sold individually

These units FOR SALE are occupied by 2 Blue Chip tenant

The tenant occupying one Block have recently signed a new 5 year lease overall the 3 the units that they occupy in the complex .The property serves as their local administrative offices as well as their research and development sectors. They have invested approximately R7,0million upgrading and fitting out the units occupied to create a state of the art facility.

The tenant occupying the second Block has a call centre specialising in life insurance and healthcare products, which centre is well established in Hillcrest. They have signed a 2 year lease over the block they occupy, as an extension to their main offices which are situated over the road.

Offices FOR SALE:
Option 1: 2 Blocks - 1 492sqm x R14 745 = R 220 - show phone - 0
Option 2: 1 Blocks - 570sqm x R14 745 = R 110 - show phone - 0
Option 3: 4 Individual units +- 189sqm x R14 550 = R 275 - show phone -