R5,775,000

R5,775,000

708m² Retail For Sale in Buitenverwagting
Open
Sole Mandate
309 Van der Lingen Square, 309 Main Road
Johann Haupt
Kenneth Taylor

Prime Multi-Use Property in Paarl! Retail & Residential Fusion with Expansion Potential.

Web Ref. PRL-CS00009
Floor size 708.00 m²
Monthly Bond Repayment
R57,189.33
Welcome to your next investment opportunity in the vibrant heart of Paarl! With its unique blend of commercial and residential spaces, this multi-use property stands out as a promising venture for savvy investors.

Discover a spacious 339.96 sq retail area on the ground floor, perfectly positioned to attract bustling foot traffic and drive business success. With its prime location, this retail space promises high visibility and ample opportunities for various ventures.

Ascend to the first and second floors to find six residential units, ranging from 38 sq to 52 sq each, offering comfortable living spaces for tenants seeking urban convenience in Paarl's thriving locale. These units provide a lucrative rental income stream and cater to the diverse housing needs of the community.

But the potential continues beyond there. This property aligns with a developer's dream, with the possibility of adding three extra residential units to enhance your rental income potential further. Additionally, the retail area offers flexibility for subdivision, allowing you to maximize rental income by accommodating multiple businesses or tenants.

Whether you're an experienced investor looking to expand your portfolio or a visionary developer seeking the next big opportunity, this multi-use property in Paarl offers the potential for high returns and endless possibilities. Seize this chance to capitalize on prime real estate and make your mark in one of the Western Cape's most dynamic locations.

Features

Zoning
Mixed Use
Interior
1 Kitchen
Sizes
Floor Size 708 m²
Parking Bays
22 Open Parkings
Additional Amenities
Power Availability: Three Phase,
Number Of Floors: 3,
It's a Multi Tenanted Building
Listing Info
Date Listed 03-05-24
Time Listed 12:33

Buitenverwagting, Paarl

  • Street map
  • Street view
  • Google map for 708m² Retail For Sale in Buitenverwagting

Finance

Calculators:
Can't find what you're
looking for?

Buitenverwagting in the
news

Hold your breath: Paarl's luxury properties are sure to impress
Paarl's luxury properties offer unrivalled comfort, security, and prestige. Explore the area's appeal, trends, and expert tips for buying confidently. Read article
Hold your breath: Paarl's luxury properties are sure to impress