R5 799 997 | 810 m2 @ R7160 per m2
View more unitsThe one unit consist of 19 rooms used for student accommodation. Each room has a shower, basin and toilet. Communal area for students to relax.
Ample window that allows for natural light to enter. The current tenant is running a student accommodation business and has signed a 10-year lease. until 2029
The second unit is occupied by the church that have been tenants for 7 years. Their existing lease expires Jan 2021, a new lease can be signed with them.
Ample free parking in the area opposite the building and on the 2 quiet side roads adjacent the premises. This building for sale is very secure as there is a gentleman living on-site in his own quarters who acts as the security and caretaker.
±9% Nett Yield
Contact Anvil Property Smith
This well-positioned building is located in the heart of the popular precinct of Parow Central, just off Voortrekker Rd. Great location in between Bellville and Goodwood where many successful business and office parks can be found. VRCID is activly looking after the Voortrekker Road Corridor to maintain and improve the quality of the area. This corner building for sale in Parow offers great looking futures and amazing signage opportunities. Currently being used as a church and student accommodation Total +- 810m2 (2 identical units) GB4 Zoning