Commercial Property in Parow Central For Sale

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 the mid R22 mil excluding VAT. 

Contact Anthony to explore development options or arrange a site visit