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Modern, attractive multi-tenanted Commercial building in prime
position in Paarl South, on-route to Cape Town & the Airport.
Huge open plan, double volume warehouse & office space, offering
multiple tenant options & excellent income potential.
99% of the space is currently rented out, with only ±200m² space
still available.
A large shutter door and 2 IBR sliding doors give access to a
spacious yard, loading zone and secure courtyard, with access from
two streets. This area can facilitate trucks/on- and offloading.
Covered parking bays for 10 vehicles, and huge workable yard with garden beams to add to security.
The building can be sub-divided or sectionalized with strong WIFI service in place.
This unique property is zoned "mixed use" which makes provision for a large list of permitted uses.
Currently FOUR 3-year renewable contracts are in place, and a few smaller 12-24 month contracts in place.
Tenants have signed for a 6% annual escalation and happy tenants are ready to renew.
±15-20 air-conditioned offices, a Boardroom, Convention room, 4 bathrooms, 2 kitchens.
15-20 m² built-in safe on site.
40 m² cold room with the option to add cold room space.
The building consist of a steel portal frame, some wooden paneling, and face brick & plaster exterior walls.
Some of the interior walls are divided by dry walling and can be removed/changed.
Lovely staff lounge with built-in bar counter and braai facilities.
This stunning building will suite almost any type of business, such as a hairdresser, dance studio, office suites,
for church use, warehousing space, IT services and many other possibilities.
Load shedding is NO problem as the building is fitted with solar panels and business can continue as usual.
The current income is ±R240 000 per month, ready to be renewed and increased.
Excellent investment!