Prime Investment Opportunity: Fully Tenanted Office Block in Kloof Medical Centre

Ref # 2516744
R5,250,000
Property Details
12 Lyngarth Rd, Kloof Medical Centre, Block 2
340m²

This is a rare chance to acquire an entire, self-contained office block within the highly sought-after Kloof Medical Centre. Perfectly positioned in one of Durban’s most prestigious and convenient medical and professional hubs, this property offers immediate, hassle-free income with outstanding long-term potential.

Property Highlights:

  • One Complete Block – Comprised of 3 well-designed sections, providing flexible layout options while operating as a single, cohesive unit.
  • Fully Tenanted – Securely occupied by quality, reliable tenants. Enjoy stable rental income from day one with minimal vacancy risk.
  • Excellent Condition – Immaculately maintained throughout. The offices are modern, bright, and ready for seamless occupation or continued letting.
  • Prime Medical & Professional Location – Situated in the heart of Kloof Medical Centre, surrounded by established medical practitioners, specialists, and related professional services. High visibility and strong tenant demand in this established node.

Investment Summary:

  • Purchase Price: R5,250,000
  • Total GLA: 340m2
  • Attractive Yield: 9.23% (based on current tenancies)

This property represents a sound, low-maintenance investment in a proven medical precinct. Whether you’re an investor seeking strong cash flow or a practitioner looking for owner-occupied space with built-in rental upside, this complete block delivers exceptional value.

Secure this premium Kloof asset before it’s gone. With excellent tenants already in place and the building in pristine condition, it offers immediate returns and long-term capital appreciation in a sought-after location.

Contact us today to arrange a private viewing and receive full tenant and financial details. Serious investors only – this is a turnkey opportunity not to be missed!

Property Features
Property Type
Office
Floor Size
340m²
Costs and Terms
Rates & Taxes
±R15,920
Levy
±R7,409
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