Commercial Property in Somerset West Mall Triangle For Sale

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32 Old Paardevlei Road, Somerset West Mall Triangle, Somerset West

Description

Smart Storage Investment Opportunity | Section 13quin Tax Benefits | High-Yield Asset

Discover a modern, income-generating storage investment combining monthly rental income + powerful SARS tax incentives.

Available Unit Sizes & Pricing (Actual Units)

Entry-Level Units (High Demand)

5m² - R139,500
6m² - R150,000
7.2m² - R160,000
Ideal for quick rentals and first-time investors

Mid-Size Units (Best Balance of Yield)

8m² - R165,000
9m² - R172,000
10m² - R181,000
11m² - R188,000
11.8m² - R192,500
12m² - R193,500
Strong rental demand + excellent ROI positioning

Large Units (Premium Income Tier)

22.1m² - R306,000
22.7m² - R313,000
23.4m² - R322,500
23.7m² - R325,000
27.4m² - R375,000
Higher rental income with strong long-term growth

ROI Examples per Unit Size(Conservative market-related rental assumptions used)

5m² Unit - R139,500 Estimated Rental: ± R950/month Annual Income: ± R11,400 Gross Yield: ± 8.2% Section 13quin Benefit: Annual Tax Deduction: ± R6,975 Significant boost to real return after tax10m² Unit - R181,000 Estimated Rental: ± R1,300/month Annual Income: ± R15,600 Gross Yield: ± 8.6% Section 13quin Benefit: Annual Deduction: ± R9,050
12m² Unit - R193,500 Estimated Rental: ± R1,400/month Annual Income: ± R16,800 Gross Yield: ± 8.7% Section 13quin Benefit: Annual Deduction: ± R9,675
22.7m² Unit - R313,000 Estimated Rental: ± R2,300/month Annual Income: ± R27,600 Gross Yield: ± 8.8% Section 13quin Benefit: Annual Deduction: ± R15,650

The Real Power: Double Return Strategy

1. Monthly Rental Income
Consistent, low-risk income stream

2. Annual Tax Savings (Section 13quin) 5% write-off over 20 years Reduces taxable income every year
Combined Effect: Your effective yield increases significantly, especially for high-income earners

Why Investors Love This:
No tenant damage, no plumbing, no headaches
High demand driven by urbanisation & business use
Lower risk vs residential property
Easy to scale (buy multiple units)
Predictable long-term performance
Ideal Investor:
High-income earners wanting tax efficiency
Investors building cash-flow portfolios
Buyers wanting hands-off property
Professionals looking for simple wealth creation

Important Notes:
Section 13quin applies to new, income-producing industrial property
Deduction is on building value only
Always consult your tax advisor

Call to Action
This is one of the most accessible, scalable, and tax-efficient property investments currently available.

PILLAR PROPS 19 (PTY) LTD trading as REMAX Unlimited (Durbanville) operates in terms of a franchise agreement with REMAX of Southern Africa.

Marizanne Barnard
Marizanne Barnard
REMAX Unlimited (Durbanville)
Candidate Property Practitioner
Registered with the PPRA
FFC 1272861
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PILLAR PROPS 19 (PTY) LTD trading as REMAX Unlimited (Durbanville) operates in terms of a franchise agreement with REMAX of Southern Africa.