| Prime Investment Opportunity on Paarl’s Main Road |
Positioned along the vibrant Main Road in Paarl, this landmark commercial property presents a rare opportunity to acquire a heritage building with exceptional prominence and redevelopment potential. Its historic façade delivers striking street presence and enduring character, creating a distinguished platform for a high-profile investment.
The property is fully tenanted and generates diversified rental income from a mix of established occupants, including a pub, office suites, beauty salons and various service-oriented businesses. The flexible internal configuration accommodates multiple tenancy types and lends itself to future reconfiguration, refurbishment, or repositioning.
The anticipated launch of Akademia University is set to significantly increase student demand in the area, positioning this site as an ideal candidate for a mixed-use redevelopment. The erf layout supports a modern vision of premium student studios or apartments at the rear, complemented by retained or upgraded commercial and office components along the Main Road frontage.
In addition to student accommodation, the property’s scale and configuration are well suited to alternative uses such as an upmarket senior living development or a specialised frail-care facility — both aligned with the needs of Paarl’s expanding residential base.
Offering exceptional visibility, heritage appeal and versatile development scope, this asset represents a strategic investment opportunity within one of Paarl’s most dynamic growth corridors.
A distinguished address with significant upside — ready to be transformed for the future.
Price excludes VAT.
ERF Size 2,472 m²
Building Size 1314m²
Rates R7,366 per month
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Sean Bossenger
c. 0834491882
sean.bossenger@rawson.co.za
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