Property features

R40 000 000
Central A/C and Heating

Property Details

This A grade office building, known as Landmark West, is situated at 13 Umgazi Street in the suburb of Menlo Park. The building has street frontage onto the busy Atterbury Road with easy access from the N1 highway. The building comprises of four floors of equal size as well as a top floor office suite. Each floor has a gross lettable area (GLA) of 664 m². The GLA of the top floor office suite is 350 m² with two balconies ideal for entertainment purposes. The total GLA of the building is 3006 m² in extent. There are two basement parking levels with 106 bays as well as 19 covered and 10 open parking bays.There are two lifts in the building operating from the basements to the top floor. Each floor has a lift lobby with a kitchen and male and female toilets. The building is sectionalized with each floor comprising of two equally sized sectional title units with a single unit on the top floor. The sectional title office units can be sold individually. The building has a standby generator, fiber connectivity and air conditioning throughout. There is space on the facades of the building for tenants to display their company names and logos. The western facade of the building provides for large corporate advertising which generates additional income. The ground, third and top floor are tenanted at market related rentals. The first and second floors are available for leasing or could be sold on sectional title. Price R 40 000 000.00 plus VAT at a zero rate.