Office Space Corporate Place, Durban Central

R49 999 230 | 5205 m2 @ R9606 per m2

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Corporate Place Building

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This ±5 200m2 investment opportunity presents a 58.00% occupied office block that offers a NOI yield of 12.00% (if fully occupied) and a WALE of 9 months as at May 2021. The price consideration for this investment asset is R47.50 million (R9 128/m2).

Corporate Place is a wonderful building which is now for sale in 9 Dorothy Nyembe Street. This stunning building is 9 storeys high, and has a fantastic penthouse at the penultimate floor. The building provides views of Durban's stunning harbour as well as the CBD precinct. It neighbours very well known buildings, and streets, and is considered to be in the upper market part of Durban's Central Business District. This wonderful building has a gross lettable area of 5205m2, and provides 88 undercover parkings. Ablutions for males and females are on each floor, as well as communal kitchen areas. The building's elevators have just been renovated, and a back up generator is included for power outages.

THIS IS A FANTASTIC INVESTMENT OPPORTUNITY, THE BUILDING IS OCCUPIED!!

Contact Anvil PropertySmith now to book an appointment to view, today!!

Building Description

Experience the epitome of professional workspace at Corporate Place. This prestigious building offers well-maintained and secure offices, perfect for law firms, attorneys, and other professionals seeking a prime location in Durban's CBD. Enjoy 24-hour access control, safe undercover parking, and advanced security systems, ensuring the safety of your business and belongings.

Features:

  • Prime Location: Strategically located near the High Court and essential amenities, including restaurants, banks, and retail outlets.
  • State-of-the-Art Security: 24-hour access control, secure parking, and CCTV surveillance for peace of mind.
  • Well-Maintained Premises: Immaculate common areas and regular cleaning services create a professional and inviting atmosphere.
  • Flexible Office Sizes: A variety of office sizes available to suit your specific needs and budget.
  • Convenient Transportation: Easy access to major highways, including the N3 and M41, for seamless commuting.

Call to Action: Don't miss this opportunity to elevate your business to new heights. Contact Anvil Property Smith today to schedule a viewing and secure your ideal office space at Corporate Place.

Broker Details

Maurice De Jager, Commercial Property Broker

Maurice De Jager

M: 0823349709

O: 087 234 8000

E: maurice@anvilproperty.co.za

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