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R33,900,000

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Monthly Rates
R12,000 Excl. VAT

**Prime Investment Opportunity with Excellent Rental Income! **

Looking to expand your investment portfolio? Look no further! This up-market retail and manufacturing premises offers an unparalleled opportunity for savvy investors. Spanning over 3782 m², this multi-functional Business Centre is a testament to modernity and functionality. With almost full tenancy secured for the next 3 years, with a 6% annual escalation you're guaranteed a steady monthly income of approximately R240,000!

With 18 air-conditioned offices, convention rooms, cold room, and walk-in safe, this property caters to diverse business needs. Whether it's office suites, warehousing, or specialized services, this space can accommodate it all. Notable features:
• Strategic Location: Conveniently situated en route to Cape Town and the Airport, ensuring maximum exposure and accessibility.
• Low Maintenance: Marmoran cladding finish and tinted windows minimize exterior upkeep while flooding interiors with natural light.
• Versatile Spaces: From double volume warehouse and office areas to indoor braai and entertaining zones, this property offers endless possibilities. Zoned for mixed-use, allowing for various business activities. The building can be subdivided or sectionalized, offering versatility for different tenants
• Security and Efficiency: Access-controlled sliding doors, loading and delivery bays, covered parking, and solar panels for uninterrupted operations.
• Entertainment and Convenience: Indoor braai with built-in bar, double volume cinema/conference room, and access from two streets for enhanced tenant occupancy.

As Southern Paarl undergoes rapid development, this property stands at the forefront of the region's growth trajectory, promising even greater returns in the future. Don't miss out on this exceptional opportunity to secure your future. Call today!

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
3,782m²
Land Size
5,517m²

Paarl South, Paarl

Paarl, the third-oldest settlement in South Africa, beckons with its irresistible allure, offering a plethora of reasons why you should consider making it your home. Nestled amidst breathtaking scenery, this charming town boasts a rich history and an array of enticing features that are sure to captivate you! One of the town's prominent draws is its world-renowned wineries! Paarl's vineyards produce some of...
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Why you should make Paarl or Wellington your next home
The Jawitz Properties team sat down with Charlene Marx, a property practitioner covering Paarl and Wellington, and asked some insightful questions about these areas, what they have to offer and why you should consider moving to...
 
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Transfer Costs

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Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

481,479.87

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