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Quay 1 International Realty

Investment · For SaleRef CL112

PRIME VOORTREKKER ROAD COMMERCIAL PROPERTY | GB4 ZONING | 824m² | DEVELOPMENT POTENTIAL

R 6 500 000

Richmond, Goodwood

Key facts

Type
Investment
Floor size
824 m²
Price: R6,500,000 Size: 824 m² Address: 53 Voortrekker Road, Parow, Cape Town HIGH-VISIBILITY COMMERCIAL PROPERTY WITH DEVELOPMENT POTENTIAL A well-positioned GB4 commercial property in the heart of Parow, prominently situated on a corner along Voortrekker Road. Offering 824m² of versatile commercial space, this property presents an excellent opportunity for an owner-occupier, investor or developer looking for visibility, flexibility and longer-term potential. The existing configuration includes a combination of showroom, office and open-plan space, making the property suitable for a wide range of commercial operations. The upper level can function independently, providing additional flexibility for an owner-occupier, potential rental income, a separate business operation or future expansion, subject to the applicable requirements. The prominent corner position provides excellent exposure to daily passing traffic, creating valuable opportunities for signage, branding and business visibility. PROPERTY FEATURES 824 m² floor area GB4 zoning Prominent corner position Excellent Voortrekker Road exposure Strong visibility and signage opportunities Showroom space Office accommodation Open-plan commercial areas Upper-level accommodation Flexible existing configuration Suitable for owner-occupation Suitable for investment Potential for additional floors, subject to approval Excellent branding and advertising exposure Established commercial location DEVELOPMENT & INVESTMENT POTENTIAL The property's GB4 zoning and strategic position create an opportunity to investigate future development options beyond the current use. Potential development concepts may include: Office development Commercial development Retail development Apartment/residential development Hotel or accommodation Medical or institutional use Training or education facility Service or business uses Structured or additional parking Mixed commercial and residential development Additional floors All proposed alternative uses and development opportunities are subject to confirmation of zoning rights, development parameters, municipal requirements and the necessary planning and building approvals. PRIME VOORTREKKER ROAD LOCATION Located in Glenlilly, Parow, the property enjoys a prominent position along Voortrekker Road with excellent visibility and exposure to passing traffic. The location is particularly suited to businesses that benefit from high visibility, strong street presence, accessibility and prominent signage. The established commercial environment provides convenient access to surrounding Parow and northern suburbs amenities and transport routes. FLEXIBLE COMMERCIAL OPPORTUNITY Whether you are looking for a commercial premises for your own business, an investment property or a property with future development potential, this property offers a versatile opportunity. The existing showroom, office and open-plan configuration allows for immediate commercial use, while the property's zoning and position provide scope to investigate longer-term strategies. The upper level may also provide an opportunity for separate use or income generation, subject to the property's configuration and applicable approvals.

Good to know

What is the asking price?+

This investment is on the market at R 6 500 000.

How big is it?+

The floor size is 824 m².

Where is it located?+

It's in Richmond, Goodwood.

Bond repayment

Estimated monthly repayment

R 63 397

On a R 5 850 000 bond over 20 years at 11.75%.

Transfer costs

Purchase price
R 6 500 000
Transfer duty (SARS)
R 492 356
Transfer & conveyancing (est.)
R 69 250

Estimated once-off costs

R 561 606

Indicative only - bond registration costs excluded; your conveyancer confirms final figures.

Jambo Home Loans

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

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