Headline rental is only the starting point. Two offices with similar rentals can produce very different monthly occupancy costs once parking, operating costs, backup systems, fit-out and utilities are included.
Build a total occupancy comparison
- Base or gross rental
- Operating costs and rates where applicable
- Parking charges
- Electricity and water recoveries
- Generator or backup-power recoveries
- Tenant installation and fit-out contribution
- Furniture and relocation cost
- Lease escalation and term
Parking can materially change the comparison
Office users in Umhlanga, La Lucia and Westville often require meaningful parking ratios. The number, type and price of bays should be calculated alongside the office rental rather than treated as an afterthought.
Existing fit-out can be valuable
A well-fitted office can reduce capital cost and shorten the occupation timeline. A shell or white-boxed space can provide flexibility but may require more upfront investment.
Reliability has commercial value
Backup power, water resilience, fibre, security and professional building management may increase cost, but they can also reduce operational interruption.
Robert's perspective
I prefer comparing the full occupancy picture rather than chasing the lowest advertised rental. A more complete comparison usually makes the better building obvious.
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Use The Brief to define the requirement and compare current KZN office opportunities on a like-for-like basis.