A-Grade Office Block With High Income

AUCT-001470 | On Auction

A-Grade Office Block With High Income

17 Cranbrook Crescent, La Lucia, Umhlanga, KwaZulu Natal

A-Grade Office Block With High Income. 17 Cranbrook Crescent, Umhlanga

Extent: ±2099m² | GLA: ±714m² | Fully tenanted | Gross Annual Income: R1.3m | High quality office block in a sought-after Corporate Park

Primary use
The subject property is located in the Cranbrook Office Park which is located in the greater La Lucia Office Estate. 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 subject property consists of a double storey office block on a site area of ±2099m². 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 per annum.

The office suits are immaculate and have been maintained exceptionally well. Each floor of the building has its own set of male & female ablutions as well as kitchen facilities. Internally, each floor is uniquely designed with modern glass partitioning separating open plan office spaces with smaller offices and boardrooms. Each floor has access to a balcony, large enough for tables and chairs. The ground floor of the property also has a large area that can easily be used for functions or social Fridays after work.

The property has ample parking bays located either in the basement or along the front of the building. The property has fantastic appeal and has a great location in one of the most desired corporate office parks in the greater Umhlanga area.

Commercial Type:
Office Space
Web Reference:
List price:
17 Cranbrook Crescent, La Lucia, Umhlanga, KwaZulu Natal
Auction Venue:
Mount Edgecombe Country Club
Mount Edgecombe
KwaZulu Natal
Auction Date:
23 June 2021 11:00 am

Andrew Miller
Auction Terms and Conditions:
R 50,000.00 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in

Auction Date: 23 June 2021 11:00:00am

Luke Hearn
                                                         In2assets Representative

Property Agent

Luke Hearn
071 351 8138
[email protected]

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