Retail space For Sale in 32 Stiebeuel Street, Franschhoek

1,585m² mixed-use building for sale in Paarl Central. Anchored by Pick n Pay Quali Save with retail, residential, and fast-food tenants. Prime location.

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