Office · For SaleRef CL8
Income producing commercial property for sale in Parow
R 4 995 000
Parow Central, Parow
Key facts
- Type
- Office
- Floor size
- 650 m²
- Land size
- 496 m²
This commercial property is ideally located one road back from Voortrekker Main Road and benefits from the large council parking lot located at the rear. The building is currently set up for residential usage with with 28 individual rooms. The property is income producing with gross yields over 15%.
The property is easily converted back into a warehouse / office space with +- 650 sqm of usable space. One huge bonus is the free council parking at the back of the property. Thus any business in this property would have ample staff and client parking with easy access.
This property:
- GLA of +- 650 sqm
- 28 rooms for accommodation
- Zoned General Business 4
- Electrical sub prepaid meters for each room
- Prepaid water
- Roller shutter access at the rear
Contact me to discuss or view this property. Contact for more info on rental income, rates, etc.
Good to know
What is the asking price?+
This office is on the market at R 4 995 000.
How many bedrooms and bathrooms does it have?+
It has 0 bedrooms and 0 bathrooms.
How big is it?+
The floor size is 650 m², on a 496 m² erf.
Where is it located?+
It's in Parow Central, Parow.
Bond repayment
Estimated monthly repayment
R 48 718
On a R 4 495 500 bond over 20 years at 11.75%.
Transfer costs
- Purchase price
- R 4 995 000
- Transfer duty (SARS)
- R 326 806
- Transfer & conveyancing (est.)
- R 46 250
Estimated once-off costs
R 373 056
Indicative only - bond registration costs excluded; your conveyancer confirms final figures.
Pre-qualified before you offer
Quay 1 partners with Jambo Home Loans. Get a bond pre-approval or speak to a consultant - they compare offers across the major banks on your behalf.
Call 087 474 0483