643.3 m² Commercial space in Parow Central

This well-maintained 3-storey mixed-use building offers an excellent blend of retail shops and residential flats, ensuring a consistent and reliable rental income stream. With a total monthly income of R65,000, this property is ideal for investors seeking a secure return in a sought-after location.

Tenant andamp Income Breakdown:

Shops:

Shop 1 - R10,450 pm

Shop 2 - R4,900 pm

Shop 3 - R4,900 pm

Flats 5 units: Each earning R8,950 pm

Key Features:

Own Water Meters andamp Prepaid Electricity - Efficient utility management

3 Floors - Functional mixed-use layout with ground-floor retail and upper-floor residential units

Reliable Tenants - Stable occupancy and income flow

This is a solid, income-producing property that offers both commercial exposure and residential demand in one strategic investment.andnbsp

This site is perfect for developers, owner-occupiers, or investors seeking a strategic location with zoning that supports diverse business models. Priced atjust underR7 mil excluding VAT.andnbspandnbsp

Contact Anthony to explore development options or arrange a site visitandnbspandnbspandnbsp

PILLAR PROPS 19 PTY LTD trading as REMAX Unlimited Durbanville operates in terms of a franchise agreement with REMAX of Southern Africa.