This 1,585m² gross lettable area mixed-use building in central Paarl offers a versatile investment opportunity with secure, long-term tenant appeal. Positioned on a 2,057m² erf, the property comprises ground-floor retail units, a national anchor tenant, and upper-level residential accommodation.
Current tenants include a well-established Pick n Pay Quali Save, a fried chicken fast-food outlet, a cellphone and electronics shop, a furniture retailer, four residential flats, and a freestanding residential house. The building spans both sides of a prominent corner and enjoys excellent visibility, foot traffic, and vehicular access.
Key Features and Benefits:
Gross Lettable Area: 1,585m² | ERF Size: 2,057m²
Anchored by national tenant Pick n Pay Quali Save
Multiple income streams from retail and residential units
Street-front exposure on a busy commercial corridor
Ample customer parking with gated delivery access
Strong rental demand in the area ensures ongoing yield stability
Ideal for portfolio diversification or long-term capital growth