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
Corporate Place sits right where you’d want to be if you're doing business in Durban’s legal hub — just a few minutes' walk from the Durban High Court and close to major government offices, banks, and legal chambers. The building offers a clean, professional environment with round-the-clock security and secure undercover parking, making it especially suited to law firms, consulting practices, and finance professionals who value both credibility and convenience.
Inside, you’ll find tidy communal spaces, daily cleaning, and a range of office sizes to suit anything from solo practitioners to established teams. Getting in and out of town is simple too — you’re a quick turn off from the N3, and public transport flows constantly along nearby Smith Street. For lunch or meetings, Workshop Shopping Centre, the Royal Hotel, and local cafes along Anton Lembede Street are all within walking distance.
Facilities
Security
Wheelchair Friendly
Backup Generator
In Park
Natural Ventilation
Broker Details
Thabiso Nkuta
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