- 10
- 8
- 2
- 946 m2
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Mun. Rates & Taxes: ZAR 5800.00
Property description
Investment Opportunity: Prime Dual-Zoned Property in the Heart of Paarl Central
Property Size: 946m²
Location: Paarl Central
Zoning: Dual Zoning – Residential & Commercial
Heritage Status: Located within a heritage area, but not heritage-protected (demolition and redevelopment permitted)
Units on Erf: 8 existing rental units.
This is a rare opportunity to acquire a highly versatile residential and commercial property in the sought-after heart of Paarl Central, one of the Western Cape's fastest-growing investment hubs. The property spans a generous 946 square meters and currently comprises 8 income-generating units.
Positioned in a strategic location with high visibility and accessibility, this erf is dual-zoned, offering exceptional development flexibility. The zoning certificate is in place, and while the property lies within a designated heritage area, it does not have heritage status, meaning you are permitted to demolish or redevelop the site in line with municipal guidelines.
This makes it ideal for:
- Mixed-use redevelopment
- Boutique residential apartments
- Commercial offices or retail
- A blend of residential rentals and business premises
Whether you're looking to redevelop, renovate, or expand the existing structures, the zoning and location provide immense potential for capital growth and long-term rental income.
Key Highlights:
- 946m² erf with 8 current units
- Dual zoning: Residential & Commercial
- Located in a heritage zone but not heritage-listed
- Full zoning certificate available
- Central location with excellent street frontage
- Significant redevelopment potential
Don’t miss out on this one-of-a-kind opportunity to invest in the thriving Paarl Central area. Perfect for developers, portfolio investors, or those seeking a strategic mixed-use asset with flexible zoning.
???? Contact us today for more information or to schedule a viewing.
Property Details
- 10 Bedrooms
- 8 Bathrooms
- 2 Garages
- 4 Ensuite
Property Features
- Pets Allowed
| Bedrooms | 10 |
| Bathrooms | 8 |
| Garages | 2 |
| Erf Size | 946 m2 |
Contact the Agent
Christiaan Vorster
Candidate Property Practitioner
