146m2 Office unit available FOR SALE in the Sibaya Precinct
Upside Properties is pleased to announce an opportunity to invest in a section in this office development in the Sibaya Precinct.
Property Specifications:
- 146m2
- R3 200 000 @R21 918 /m² (Grey box)
- R3 560 000 @R24 384 /m² (Baseline White Box Price)
- Backup power
- Wheelchair accessible
- 5 allocated parking bays with additional visitor parking bays (Additional bays can be purchased)
- Communal toilets/ablutions
- Easy access to public transport
- The building is access controlled and manned 24/7
- On-site café
- Access to fully furnished boardrooms/meeting pods, lobby, and multi-use rooftop bar and event space for breaks or client entertainment
Finances:
- No transfer duty (buy straight from developer)
- Only a 10% deposit required. Balance due on transfer
- Projected investment return: Up to 10% gross annual yield
- Average rental income: R34,000+ per month (R200–R220/m²)
- Levy Charge is estimated at R35.00 per square meter
- Utilities will be billed separately by the body corporate or managing agents, and Municipal rates are billed separately by eThekwini Municipality.
- Anticipated Occupation: 1st quarter 2027
Within 150 meters:
- Padel court facility
- Restaurants, cafés, and sports bar
- Indoor and outdoor kids’ play areas (fenced)
- Multi-purpose sports field
- Indoor and outdoor gym facilities
- Outdoor amphitheatre and picnic zones
- Forest trail access with direct beach connection
- Additional overflow parking for functions
- Easy access to M4 highway
Upside Properties specializes in commercial and industrial property in Greyville, Morningside, Musgrave, Windemere, Umgeni, Springfield, Briardene, Riverhorse Valley, Red Hill, Glen Anil, Durban North, Umhlanga, Mount Edgecombe, Phoenix, Cornubia, Dube Trade Port, and Ballito. We also specialize in the Greater Durban area; however, we have concluded deals in other areas around the country, including Johannesburg and Cape Town.
For more information or to organize a viewing, contact Upside Properties today!
Property Specifications:
- 146m2
- R3 200 000 @R21 918 /m² (Grey box)
- R3 560 000 @R24 384 /m² (Baseline White Box Price)
- Backup power
- Wheelchair accessible
- 5 allocated parking bays with additional visitor parking bays (Additional bays can be purchased)
- Communal toilets/ablutions
- Easy access to public transport
- The building is access controlled and manned 24/7
- On-site café
- Access to fully furnished boardrooms/meeting pods, lobby, and multi-use rooftop bar and event space for breaks or client entertainment
Finances:
- No transfer duty (buy straight from developer)
- Only a 10% deposit required. Balance due on transfer
- Projected investment return: Up to 10% gross annual yield
- Average rental income: R34,000+ per month (R200–R220/m²)
- Levy Charge is estimated at R35.00 per square meter
- Utilities will be billed separately by the body corporate or managing agents, and Municipal rates are billed separately by eThekwini Municipality.
- Anticipated Occupation: 1st quarter 2027
Within 150 meters:
- Padel court facility
- Restaurants, cafés, and sports bar
- Indoor and outdoor kids’ play areas (fenced)
- Multi-purpose sports field
- Indoor and outdoor gym facilities
- Outdoor amphitheatre and picnic zones
- Forest trail access with direct beach connection
- Additional overflow parking for functions
- Easy access to M4 highway
Upside Properties specializes in commercial and industrial property in Greyville, Morningside, Musgrave, Windemere, Umgeni, Springfield, Briardene, Riverhorse Valley, Red Hill, Glen Anil, Durban North, Umhlanga, Mount Edgecombe, Phoenix, Cornubia, Dube Trade Port, and Ballito. We also specialize in the Greater Durban area; however, we have concluded deals in other areas around the country, including Johannesburg and Cape Town.
For more information or to organize a viewing, contact Upside Properties today!
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Disclaimer
While every effort will be made to ensure that the information contained within the Upside Properties website is accurate and up to date, Upside Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
