JOINT MANDATE
Excellent investment opportunity
This mixed-use commercial property offers strong income potential with an established national tenant already in place.
One half of the building is currently leased by ABSA Bank with ±3 years remaining on the lease, providing immediate rental income and stability. The other half is vacant, creating an ideal opportunity for owner occupation, additional tenants, or further development.
The property offers:
Extensive office space across multiple floors
Mixed-use zoning allowing commercial or residential conversion (including flats)
Built-in braai and bar entertainment area
Parking available on site
High visibility and excellent accessibility
Perfect for investors looking for a well-located asset with existing income and future upside potential.
Great investment with flexibility and growth opportunities in central Paarl.