1 954 m² Commercial space in Paarl Central East

EXCLUSIVE MANDATE TO VERMAAK PROPERTIES

Prime Multi-Tenanted Commercial Asset with Upside

Positioned in the heart of Paarls established commercial node, this high-exposure, income-producing property on Breda Street presents a compelling opportunity for investors seeking stable cash flow with built-in upside.

Property Overview

Erf Extent: 3,600m2

Gross Lettable Area GLA: 1,954m2

Zoning: Commercial suitable for retail, office and service-based tenants

Parking: Secure on-site parking behind access-controlled gates as well as off street parking

Tenancy: Multi-tenanted with established, solid occupants

Vacancy: 255m2 retail unit with shopfront exposure

Investment Highlights

Strong Income Base

The property is currently tenanted by reliable occupants, offering immediate rental income and reduced vacancy risk. A detailed income and expense schedule is available upon request for due diligence purposes.

Value-Add Component

A 255m2 vacant retail unit with prominent shopfront visibility presents:

Opportunity to increase overall yield

Ideal for destination retail, showroom, medical, or service retail

Ability to align rentals to current market-related levels

Prime Location & Exposure

Located in Breda Street, Paarl, a well-established commercial corridor

Excellent footfall and passing trade

Close proximity to major arterial routes for ease of access

Surrounded by established retail and commercial activity

Secure & Functional

Access-controlled gated parking

Ample yardparking area relative to CBD properties

Well-balanced mix of retail and commercial lettable space

Why This Asset Makes Sense

Established rental stream

Strategic retail exposure

Vacancy upside for yield enhancement

Central Paarl positioning

Suitable for private investors, syndicates or portfolio expansion

This property offers a rare combination of stable income repositioning potential in one of the Winelands most active commercial hubs.

For a full financial pack, rental roll, expense breakdown and to arrange a viewing, contact me directly.