Office Space Omnipark Building, Paarl

Commercial Building for Sale on Paarl Main Road

Presenting a prime investment opportunity, this commercial building on Paarl Main Road is ideally situated in one of the region's busiest and most desirable locations.

With 14 fully tenanted premises, including 2 long-established restaurants, this property offers a reliable income stream from reputable businesses. It’s an excellent choice for investors seeking to capitalize on a prime commercial area in one of the Western Cape’s rapidly developing towns.

Key Features:

1. Prime Location: Situated on Paarl Main Road, this building benefits from high visibility and a central location, providing excellent exposure for tenants.
2. Income Potential: Currently home to 14 tenants, including 2 popular restaurants with long-term leases, the property generates significant rental income. The diverse tenant mix offers stability and reduces vacancy risks.
3. Well-Maintained: Featuring contemporary design and regular maintenance, the building requires minimal capital expenditure for new owners.
4. Ample Parking: The property offers ample parking facilities, enhancing convenience for both tenants and customers.
5. Investment Opportunity: Priced competitively at R41,000,000 (with a cap rate of just under 10.1% on net income) excluding VAT, this building presents a compelling investment with potential for value appreciation due to its prime location and income-generating capabilities.

This commercial building on Paarl Main Road is a rare find, offering a well-positioned asset with a strong income stream. Whether you're aiming to expand your investment portfolio or establish a presence in a thriving commercial hub in the Western Cape, this property promises both stability and growth potential. For more details or to arrange a viewing, please contact us to discuss this exceptional investment opportunity further