Web Ref No PALE-1325

Sole Mandate.

Located prominently on Paarl Main Street, this commercial building presents a lucrative investment opportunity in one of the region's busiest and most sought-after locations.

With a total of 14 tenanted premises, including 2 of Paarl’s most popular restaurants which have had tenancies that have stretched for more than a decade, this property offers a stable income stream from established businesses, making it ideal for investors, looking to capitalize on a prime commercial area in one of the Western Cape’s fastest developing towns.


Key Features:


1. Location: Situated in the southern part of Paarl, the building enjoys high visibility and unrivalled proximity within central Paarl, ensuring excellent exposure for businesses operating within and specifically for the two restaurants located there which thrive off the appeal and bold exposure the building offers on this vibrant part of Paarl’s historic and world renowned Main Street.


2. Income Potential: Currently housing 14 tenanted premises, including 2 well-established and popular restaurants, the property generates substantial rental income. This diversified tenant mix provides stability, minimizes vacancy risks and sets the building apart from other commercial buildings in Main Street Paarl. The aforementioned is evidenced by the strength in performance of the two restaurants located there and the quality of fit-out that these two restaurants (Bossa & Jackson Grill) offer.


3. Building Condition: The building is well-maintained, reflecting a contemporary design that appeals to both tenants and visitors. Regular upkeep ensures minimal capital expenditure for future owners.


4. Parking Facilities: Ample parking facilities are available, catering to both tenants and customers, enhancing convenience and accessibility.

5. Investment Opportunity: Priced competitively at R41,000,000 (cap rate of just under 10.1% on net income) excluding VAT, this property offers a compelling investment opportunity with potential for future appreciation in value, given its prime location and income-generating potential brought about by this sought after address.


This commercial building on Paarl Main Street represents a rare opportunity to acquire a well-positioned asset with a strong income stream. Whether you're looking to expand your investment portfolio or establish a presence in a thriving commercial hub and growth town of the Western Cape, this property offers both stability and growth potential. For more information or to schedule a viewing, please contact us to discuss this exceptional investment opportunity in further detail.