Paarl Central, Paarl, Western Cape
R 2,500,000
4 Beds | 1 Bath | 135 m² Floor
Unlock a High-Yield Opportunity in a Prime Mixed-Use Building
This adaptable sectional title unit offers an exciting opportunity to reimagine a well-located commercial space into a strong-performing residential investment. Zoned for mixed use and currently operating as office premises, the property is ideal for buyers looking to create high-demand rental accommodation or a spacious multi-bedroom residence.
Existing Configuration:
The unit is laid out with four generously sized offices, a welcoming reception area, one bathroom with wash basin, a compact kitchenette, and the convenience of two undercover parking bays.
Conversion Potential:
With clever planning, each office can be transformed into a private bedroom with its own en-suite bathroom—making it particularly suited to student housing or shared living. The large reception area also offers the flexibility to be subdivided, allowing for the addition of a fifth bedroom if desired.
Location Benefits:
Positioned on the ground floor beneath residential apartments, the property forms part of an established and well-maintained building. Its central setting and close proximity to the new university place it in a high-demand rental node, especially attractive to students and young professionals.
Why Invest:
Mixed-use zoning provides the freedom to convert to residential use, enhancing versatility, rental appeal, and long-term value.
A rare chance to turn commercial space into a lucrative residential asset in a sought-after area. Contact me today to arrange a viewing.
Key Details
Reference LFPE-17643
Listing type Sale
Property type Apartment
Listing zone Residential
Suburb Paarl Central
City Paarl
Province Western Cape
Levy R 3,173
Rates R 1,600
Property Details
Bedrooms 4
Bathrooms 1
Covered parking 2
Floor area 135 m²
Kitchen Yes
Built-in cupboards Yes
Finance
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