This exceptional mixed-use property offers a blend of retail and residential units in a high-exposure location on Voortrekker Road, Parow. Generating a solid monthly income of R212,000, this investment boasts strong tenant stability and appealing features for both commercial and residential occupiers.
Key Features:
Mixed-Use Layout – Ground floor retail units with residential flats above
Reliable Tenants – All tenants have paid 3–4 months’ deposit
Flexible Lease Terms – 60-day cancellation clause in place
Zero-Rated Transfer – Significant savings for VAT-registered buyers
Separate Water Meters – Installed for efficient cost management
Strong Cash Flow – Steady monthly income stream of R212,000
This is an ideal acquisition for investors seeking secure returns, prime location, and long-term growth potential.
This site is perfect for developers, owner-occupiers, or investors seeking a strategic location with zoning that supports diverse business models. Priced at around R21,260 mil excluding VAT.
Contact Anthony to explore development options or arrange a site visit