Rare Commercial Opportunity for Sale, Zomerlust, Paarl South
Sole Mandate.
Vat Excluded.
We are pleased to present an unique opportunity to acquire an exceptional office property located in the heart of Paarl South. This outstanding investment prospect offers a total floor area of 2,622sqm, providing ample space to its strong and loyal tenancies and offering convenient traffic access via the Bergriver Boulevard to the greater Paarl area and the N1 highway.
*Key Features:
- Excellent parking ratio with basement, shaded, and open parking options - Flexible tenant sizes ranging from 73sqm to 662sqm - Fully occupied with 3-year lease agreements and renewal options for all tenants. - Stable and secure income stream with long-standing tenancies. - Grid-tied solar PV system recently 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.
*Investment Highlights:
- Prime office building in one of Paarl’s best locations offering easy access and ample parking - Strong tenant profile with low turnover - Opportunity for capital appreciation and for rental growth - current lease income represents an almost 10% ROI on the price of this prime asset - Cost-effective solar power backup and potential for future income offset
Don't miss out on this exceptional opportunity! Contact us today to arrange a viewing and take the first step towards securing this outstanding investment property.
Paarl (English: Pearl) was named after the awe-inspiring sight of the Paarl Domes on the Mountain Range in the morning after a heavy storm.
Originally an outpost for trade between the Dutch and the local Khoi, Paarl is a beautiful town located in the Western Cape Province, and is the third oldest town in South Africa.
Residents of Paarl property take pride in the amazing scenery that completely surrounds...
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group 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.
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