R50,000,000includes VAT
R50,000,000
includes VAT
5 garages25 parking baysErf 2297 m²
Expenses
Levies:
R500 per month
Rates and Taxes:
R38,940 per month

This distinguished 26-apartment building, constructed in the 1960s, offers
exceptionally spacious units. Ideally located on the main road in Paarl
South, it features stunning views of the Paarl Mountains and is within
walking distance of top-tier schools.
This is ideal for conversion into student accommodation, staff housing, or
a modern mixed-use complex. With strong rental demand and key
infrastructure already in place, the property offers excellent long-term
value and potential return on investment. (It is currently fully rented.)
26 Apartments
3 Retail spaces
5 Garages
25 Parking Bays
Erf Size: Approx 2297m2
Rates & Taxes: R38,940.00 per month
Building Size: Approx 2000m2
Contact us for more information and a viewing!