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R36,000,000
Prime Investment opportunity in Paarl South
Are you looking for a 10% ROI on a prime asset with the opportunity for capital appreciation and rental growth?
Located in the heart of Paarl South, with convenient traffic access via the Bergrivier Boulevard to the greater Paarl area and the NI highway, this investment prospect offers a total floor area of 2 622m2 with ample parking space.
Key features include:
This prime, double storey office building with a fresh coat of paint, is fully occupied with 3 year professional lease agreements which generate a robust rental income with significant growth potential.
The flexible tenant sites range from 73 - 662 m2.
The property offers excellent parking ratio - which include basement, shaded and open parking.
A grid-tied solar PV system installed to the building offering reduced reliance on municipal power and additional income to be generated by sale of surplus electricity back to the grid.
Staircase access to upper level.
Ample windows allowing natural light.
Air-conditioned interiors.
Nearby amenities include The Paarl Mall, coffee shops, restaurants, a golf course and wine farms.
This building is a prime commercial investment offering both stability and growth, making it an attractive opportunity option for investors.
Vat Excluded.
Contact us for more detail.
Features
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
No
Sizes
Floor Size
2,622m²
Land Size
5,020m²
Extras
Air Conditioner • Double StoreyPaarl South, Paarl
Marveling residents with its scenic beauty, cultural and historical attractions, and bountiful nature reserves, Paarl also entices tourists to make the town a top location for the holidays.
Property in Paarl still comprises of the many styles of Georgian, Victorian, Edwardian and Cape Dutch buildings. Some remain as residential homes while others have been turned into fine restaurants and coffee shops spread out...
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Disclaimer: While every effort will be made to ensure that the information contained within the RealNet Properties website is accurate and up to date, RealNet Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
