Offices to rent / lease or let in Morningside Durban ( Florida Road, Cowey Road, Musgrave)
Office rental rates, sizes and operating cost
Offices in Morningside area varies from size, shape and ambiance. There are offices which have been converted from old houses as well as standard A and B Grade offices. Offices sizes range from 80 to 1000 square meters with average size being in the 250 square meter region. The rentals charged depends on the location of the offices premises. Offices rentals in Musgrave, Florida Road, Cowey Road and Windermere achieve between R120 to R160 square meter with the latter being a grade offices with good corporate image and on site undercover parking.
To the above rentals, you must add the consumption cost of electricity and water inside your office premises. Finally, there is the office block or park operating costs which is shared by the all the tenants as per their occupied lettable area. Operating cost includes security, cleaning, municipal rates and tax, insurance, common area water and electricity.
Tenant Installation Allowance and Lease Period
Offices may be leased pre - furnished with tiles, carpeting and partitioning but are usually lease in bare form i.e. just an open plan space with cement floors but fully air-conditioned with electrical plug points. In this instance the landlord provides the tenant with a tenant installation allowance and the amount is negotiable and usually is directly proportional to the lease period and rental charged. The lease period for offices to rent in Morningside including the Musgrave and Florida Road areas is normally three years.
Accessibility, Location and Traffic
Morning side is a gentrified (Restoration of a run down urban area by the middle class) suburb of Durban. It is conveniently situated, highly visible and easily accessible. Morningside is just 6Km away from Durban CBD and beach front area and all her attractions, 10 Km away from Westville, 14km away from Umhlanga. It is the ease of access which has seen as a massive benefit to many businesses that decided to take up office premises here. In the same close proximity one will find Sun Coast Casino, warm Indian Ocean beaches, Moses Mabhida Stadium, Kingsmead Cricket ground, Greyville racecourse, and several venues for golfing enthusiasts. Morningside has the usually traffic that comes with a bustling business hub.
Types of Business in Morningside - Offices and other
Offices in Morningside cater for medium and small sized businesses. Businesses includes IT companies, advertising agencies, various professional practices. Also, there are many restaurants, pubs, coffees shops boutiques and retail shops which give the area a distinctly cosmopolitan atmosphere.
Entertainment
For the indoor shopper there is Musgrave Shopping Centre in Musgrave Road Morningside which boasts the finest coffee shops and high end boutiques and banking facilities. There are also the trendy streets of the morning side area in a particular Florida and Musgrave Roads that are lined with coffee shops, restaurants, cocktail bars and retail outlets
For the outdoor type there are large sprawling parks such as Mitchell Park and Jameson Park. Not forgetting the warm Indian Ocean with all her attractions.
We can source office space for your Business in Morningside area.
Morningside offers the perfect office space location for any type of business. For those businesses that need to be close to the city centre but not in it or you would like to expand your national foot print or looking for new office space Musgrave/Morningside is an ideal location to look at.