Office Space Corporate Place, Durban Central

Corporate Place Building

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The prestigious Corporate Place building offers amazing offices to let which are well maintained and secured. With 24 hr access control and safe undercover parking this building consists of CCTV cameras in all blind spots around the premises. Common areas are always kept neat and tidy, floors and walls are shining all the time which brings a fresh atmosphere to the interior of the building. The Corporate Place also offers a size range of a number of office space to rent, home to a number of Advocates chambers and law firms this building is situated in close proximity to the High Court as well as a an number of essential amenities such as prime restaurants and banks, retail and service stations are just around the corner. Within 200 meters from Margaret Mncadi Avenue, it is easy to exit to the N3 and M41 north which takes you to the airport.

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!!