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R110 per m²

Gross Monthly Rental
R171,050 Excl. VAT
Lease Period
36 months
Availability
Immediately
Deposit
R342,100
Annual Escalation
9 %
Lease Excludes
VAT
Municipal Costs
Increase in Rates & Taxes

Executive Offices To Let On The Esplanade

Appropriately named Quadrant House because of the association with the shape of the site and of a quadrant as used in navigation. Built in the Union Period in the Berea Style, designed on a corner site with wide vistas of the harbor and along the Victorian Embankment. The subject property occupies a prominent corner site, enjoying street frontage onto Joe Slovo Street and Margaret Mncandi Avenue. It is located at the south-eastern periphery of Durban's Central Business District. The neighborhood within the immediate vicinity of the subject property comprises mostly retail space on the ground floor and offices and flats on the upper floor levels. Some accommodation has been upgraded, whilst general landscaping and improved cleanliness and security have stimulated new investment in the area.

The property is prominently located on the Victorian Esplanade offering easy access and high visibility making it the prime location for a prominent office tenant. This stunning property boasts five stories of spectacular office space totaling 1555m with a central core accessing each floor. The roof has been converted to a roof deck entertainment area ideal for corporate functions. The property is highly detailed with parapets and entablatures balconies and loggias, arched openings, columns and balustrades. The entrance is detailed with timber doors and sidelights, oriel windows. Plastered details include quoins, string cornices, cornices, moldings, pilasters, entablatures, door and window cases, pediments and parapets, decorative openings to balustrade walls, sculptures and plaques. This is truly a unique property.

Features

0
20
Building Name:
Quadrant House
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
1,555m²
Land Size
342m²
Parking Bays
Open Parking Bays
20
Extras
Roof Top Entertainment Area

Durban Central, Durban

The N3 National Freeway and the M4 southern freeway meet at the gateway to Durban CBD forming what is commonly known as the ‘Warwick Triangle’.  This area is home to Durban’s main taxi rank. The industrial nodes of Congella and Maydon Wharf, home to prominent national companies including Portnet, border the harbour and south of the subject property. The Durban Central precinct, as per...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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