Commercial property for sale in Paardevlei

Paardevlei, Somerset West

7 parking · 188 m² floor

Description

An opportunity to acquire a premium sectional title office within The Reserve Office Suites, a new-generation commercial development in one of Somerset West’s most in-demand business nodes. This unit is well-positioned to benefit from strong tenant demand and long-term capital growth within the Paardevlei precinct. This first-floor, south-facing unit offers a functional layout with private outdoor space, ideal for professional firms or investors seeking a well-positioned office in a high-demand commercial node. Property Details: Total Size: 188 m2 Usable Area: 175 m2 Balcony: 13 m2 Floor: First Floor Orientation: South-facing Parking Bays: 7 Price: R6,450,000 (excl. VAT) Investment Snapshot: Levies: R5 703 pm Rates & Taxes: R8 375 pm Estimated Bond Repayment: R44 321 pm Total Monthly Cost: R58 399 pm Estimated Rental: R51 181 pm Net Return: 6.9% Monthly... An opportunity to acquire a premium sectional title office within The Reserve Office Suites, a new-generation commercial development in one of Somerset West’s most in-demand business nodes. This unit is well-positioned to benefit from strong tenant demand and long-term capital growth within the Paardevlei precinct. This first-floor, south-facing unit offers a functional layout with private outdoor space, ideal for professional firms or investors seeking a well-positioned office in a high-demand commercial node. Property Details: Total Size: 188 m2 Usable Area: 175 m2 Balcony: 13 m2 Floor: First Floor Orientation: South-facing Parking Bays: 7 Price: R6,450,000 (excl. VAT) Investment Snapshot: Levies: R5 703 pm Rates & Taxes: R8 375 pm Estimated Bond Repayment: R44 321 pm Total Monthly Cost: R58 399 pm Estimated Rental: R51 181 pm Net Return: 6.9% Monthly Shortfall: R7 218 pm Estimated Capital Growth: 5% Total Annual ROI: 11.90% Property Features: Grey box specification for custom fit-out Private kitchen and ablution facilities Aluminium shopfront entrance SANS-compliant lighting Private balcony Access to landscaped terraces and common areas Development Overview: 4-storey modern office building 18 sectional title office suites (only 3 units remaining) Office sizes from 135 m2 up to full floor / building options Total building size approximately 3,440 m2 Priced from R4.75 million – R12.25 million (excl. VAT) Development Features: Modern A-grade architectural design Rooftop entertainment deck with panoramic views 153 secure parking bays Access control and CCTV security Premium landscaped environment Location Highlights: Prime position on Beach Road, Paardevlei Opposite Paardevlei Retail Centre Adjacent to Busamed Private Hospital Close to Strand Beach and N2 access Ideal For: Professional firms Medical or consulting practices Investors seeking long-term growth in a prime node Contact us for floor plans, and full investment breakdown. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-1998328830","type":"c"}));

What we know about this property

Each attribute shows where it came from and how sure we are. Model-derived attributes arrive as enrichment runs.

Resilience

Backup Power Level
Nonefrom the listing text
Battery Backup
Nofrom the listing text · 98%
Borehole
Nofrom the listing text · 98%
Gas Hob
Nofrom the listing text · 97%
Generator
Nofrom the listing text · 98%
Grey Water
Nofrom the listing text · 98%
Heat Pump
Nofrom the listing text · 98%
Inverter
Nofrom the listing text · 98%
Solar Geyser
Nofrom the listing text · 98%
Solar panels
Nofrom the listing text · 98%
Water Tank
Nofrom the listing text · 98%

Security

Alarm Beams
Nofrom the listing text · 97%
Armed Response
Nofrom the listing text · 97%
Boomed Area
Nofrom the listing text · 87%
Burglar Bars
Nofrom the listing text · 88%
CCTV
Yesfrom the listing text · 94%
Electric Fence
Nofrom the listing text · 98%
Guard 24h
Nofrom the listing text · 93%
Security Estate
Nofrom the listing text · 89%

Market

Days on market
163 daysfrom our price history
Price change since listed
0.0%from our price history
Price per m²
R 34 309from our price history
Times relisted
0from our price history
Vs suburb median
1.89×from our price history
Under Offer
Nofrom our price history

Comfort

Air Conditioning
Nofrom the listing text · 97%
Double Glazing
Nofrom the listing text · 98%
Fireplace
Nofrom the listing text · 98%
High Ceilings
Nofrom the listing text · 97%
North Facing
Nofrom the listing text · 98%
Quiet Street
Nofrom the listing text · 98%
Underfloor Heating
Nofrom the listing text · 98%
View Type
Nonefrom the listing text · 96%
Wind Protected
Nofrom the listing text · 97%

Layout

Flatlet
Nofrom the listing text · 98%
Floor Number
1from the listing text · 91%
Furnished
Nofrom the listing text · 95%
Home Office
Nofrom the listing text · 91%
Lift Access
Nofrom the listing text · 87%
Open Plan
Nofrom the listing text · 98%
Penthouse
Nofrom the listing text · 98%
Scullery
Nofrom the listing text · 96%
Single Level
Nofrom the listing text · 88%
Staff Accommodation
Nofrom the listing text · 98%
Walk In Closet
Nofrom the listing text · 98%
Wheelchair Access
Nofrom the listing text · 97%

Outdoor

Balcony
Yesfrom the listing text · 99%
Boat Caravan Parking
Nofrom the listing text · 98%
Borehole Irrigation
Nofrom the listing text · 96%
Braai Area
Nofrom the listing text · 82%
Covered Patio
Nofrom the listing text · 96%
Established Trees
Nofrom the listing text · 92%
Garage Type
Nonefrom the listing text · 88%
Garden Size
Nonefrom the listing text · 99%
Pet Friendly
Nofrom the listing text · 97%
Pool Type
Nonefrom the listing text

Condition

Needs Tlc
Nofrom the listing text · 95%
Renovation Status
New Buildfrom the listing text · 96%

Architecture

Architecture Style
Contemporaryfrom the listing text · 98%
Build Era
New Buildfrom the listing text · 99%
Double Storey
Yesfrom the listing text · 96%
Original Features
Nofrom the listing text · 99%
Thatched Roof
Nofrom the listing text · 99%

Tenure Rules

No transfer duty
Nofrom the listing text · 92%
Retirement Scheme
Nofrom the listing text · 99%
Short Let Allowed
Nofrom the listing text · 98%
Special Levy Mentioned
Nofrom the listing text · 96%
Tenure
Sectional Titlefrom the listing text
Utilities Included
Nofrom the listing text · 97%

Connectivity

Fibre
Nofrom the listing text · 98%

Commercial

Auction
Nofrom the listing text · 99%
Bank Assisted
Nofrom the listing text · 98%
Off Plan
Nofrom the listing text · 92%
Owner Relocating
Nofrom the listing text · 98%
Price Reduced
Nofrom our price history
Priced To Sell
Nofrom the listing text · 97%

Portal facts

Levies
R 5 703
Parking
7
Floor Size
188 m²
Floor Number
1
Listing Date
14 April 2026
Listing Number
117123053
Rates and Taxes
R 8 375
Type of Property
Commercial Property