Web Ref No PALE-1342

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.