1 314 m² Retail Space in Paarl

Great long-term investment opportunity in a prime location on a 2472 sqm erf and a building size of about 1314 sqm, and a total coverage of 53% with commercial zoning in place. The building has a European feel of cobblestone-like walkways with coffee shops outside and umbrellas. When you walk in, you see the long passageway with retail/shop spaces on the left and right. The passage leads to two courtyard areas, which could work very well for coffee shops. It features green nature plants and views of the mountains. The location is prime position next to the Paarlberg BMW and across the street is Paarl Boys High School, with major foot traffic and receiving attention all day.

There are nine units in the business emporium, all spread out down a long passage, which makes it organised and easy to get to for customers walking in. What makes this property so unique, besides its character and features in the front, is that it can accommodate 15 parking bays at the back, easily accessed on the side next to BMW. The property has long-term value to be able to build an apartment block or go up levels for redevelopment at the back of the property for the future.