Commercial property for sale in Parow Central

Description

This well-maintained 3-storey mixed-use building offers an excellent blend of retail shops and residential flats, ensuring a consistent and reliable rental income stream. With a total monthly income of R65,000, this property is ideal for investors seeking a secure return in a sought-after location. Tenant andamp; Income Breakdown: Shops: Shop 1 - R10,450 p/m Shop 2 - R4,900 p/m Shop 3 - R4,900 p/m Flats (5 units): Each earning R8,950 p/m Key Features: Own Water Meters andamp; Prepaid Electricity - Efficient utility management 3 Floors - Functional mixed-use layout with ground-floor retail and upper-floor residential units Reliable Tenants - Stable occupancy and income flow This is a solid, income-producing property that offers both commercial exposure and residential demand in one strategic investment. This site is perfect for developers, owner-occupiers, or... This well-maintained 3-storey mixed-use building offers an excellent blend of retail shops and residential flats, ensuring a consistent and reliable rental income stream. With a total monthly income of R65,000, this property is ideal for investors seeking a secure return in a sought-after location. Tenant andamp; Income Breakdown: Shops: Shop 1 - R10,450 p/m Shop 2 - R4,900 p/m Shop 3 - R4,900 p/m Flats (5 units): Each earning R8,950 p/m Key Features: Own Water Meters andamp; Prepaid Electricity - Efficient utility management 3 Floors - Functional mixed-use layout with ground-floor retail and upper-floor residential units Reliable Tenants - Stable occupancy and income flow This is a solid, income-producing property that offers both commercial exposure and residential demand in one strategic investment. This site is perfect for developers, owner-occupiers, or investors seeking a strategic location with zoning that supports diverse business models. Priced atjust underR7 mil excluding VAT. Contact Anthony to explore development options or arrange a site visit PILLAR PROPS 19 (PTY) LTD trading as RE/MAX Unlimited (Durbanville) operates in terms of a franchise agreement with RE/MAX of Southern Africa. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-1734167491","type":"c"}));

What we know about this property

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Portal facts

Price

POA

Erf Size

428 m²

Lifestyle

Metropolitan, Student Accommodation

Floor Size

643 m²

Listing Date

04 December 2025

Pets Allowed

No

Listing Number

116716806

Rates and Taxes

R 4 700

Type of Property

Commercial Property

Standalone Building

No