Hoog En Droog, Paarl, Western Cape
R 18,500,000
1,314 m² Floor | 2,467 m² Land
229 Main Road, Paarl – Historical Landmark Commercial Opportunity “ De
Straat “
Situated on Paarl’s bustling Main Road, this historical landmark offers a unique blend of
heritage charm and versatile commercial potential. With its classic Cape architecture,
inviting courtyards, and prime visibility, it stands as an iconic address in the heart of Paarl.
Current Uses
The property is fully leased, currently accommodating a pub, a small private school, offices,
salons, and other services. Its layout allows for a diverse mix of tenants and remains highly
adaptable for future use or light renovations.
Development Potential
Beyond its strong rental base, the rear portion of the property offers excellent potential for
redevelopment into a modern 4-storey block of “Smart Flats”, ideally suited for young
professionals or students. Since the news hit, of the Akademia Campus opening soon in the
vicinity, this would be the perfect solution. The historic front façade remains intact,
continuing to generate income through commercial tenants such as salons, offices, or retail.
This property seamlessly combines heritage preservation with forward-looking investment
— truly a one-of-a-kind opportunity in Paarl.
Key Details
Reference LFPE-17258
Listing type Sale
Property type Office
Listing zone Commercial
Suburb Hoog En Droog
City Paarl
Province Western Cape
Rates R 6,160
Property Details
Floor area 1,314 m²
Land size 2,467 m²
Reception Yes
Finance
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