by In2assets  |   May 25, 2021

±2 099m2 Umhlanga Office Block on auction

In2assets will be auctioning an office block in La Lucia Ridge on June 23 at 11am at the Mount Edgecombe Country Club. The Block is at 17 Cranbrook Crescent in Cranbrook Park, La Lucia Ridge Office Estate, which forms part of Umhlanga Ridge.

It is a double-storey office block on a site of ±2 099m2. The building, which has been occupied by the current tenants since 2011, has two large floors with a total lettable area of ± 629m2. The current gross annual income is just over R1.3 million a year.
The well-maintained office suites are carpeted and have central air-conditioning. Modern glass partitioning separates the open-plan office spaces from the smaller offices and boardrooms.

Each floor of the building has ablutions, kitchen facilities and a balcony large enough for tables and chairs. The ground floor also has a large area that can be used for functions.
The property has 17 basement parking bays and six along the front of the building. In addition, there are four storage rooms in the basement.
The property is secure with manned boom-gate access, as well as intercom access into the building.
“Set amongst magnificent, landscaped gardens, and with plenty of space between buildings, this corporate park offers a tranquil and peaceful office environment in the heart of Umhlanga.

“The property has fantastic appeal and has a great location in one of the most desired corporate office parks in the greater Umhlanga area.
“La Lucia Office Ridge Estate is a secure and well-maintained upmarket office park and the immediate area is characterised by modern “A” grade offices with various high-profile / blue chip companies,” says Luke Hearn who is handling the sale.

The property is conveniently positioned between the N2 and the M4. Umhlanga Rocks Drive and the M4 provide access to the city centre.
King Shaka International Airport is about 20km from the property.

For more information, contact Luke Hearn at 071 351 8138 or 031 574 7600 or
Email to attend the auction as attendance is strictly by invitation due to Covid-19 regulations. Bids can be submitted remotely via the In2assets online bidding platform accessible from PC or by downloading the In2assets App from the Google Play Store or App Store.