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Prime Commercial Building In Paarl Winelands For Sale

Paarl, Western Cape, South Africa
Asking Price:
R33,000,000
Sales Revenue:
R5,100,000
Cash Flow:
R3,700,000

COMMERCIAL PROPERTY INVESTORS:

Discover prime investment in Paarl! High returns and an unbeatable location. Don't miss out—act now for your slice of paradise. Paarl is an investment and development hotspot, with many astute JSE-listed companies expanding their portfolios to Paarl and the Winelands—with good reason!

Perfect timing with the Cape Winelands International Airport being developed nearby.

A busy, bustling energy and atmosphere with an excellent, secure tenant profile.

History: Running successfully and profitably with a stable high-end tenant profile—six nationals.

Tenants: Most rent-roll income comes from nationals with secure lease agreements.

Figures: Annual revenue is circa R5 million, delivering net earnings around R3.7 million (EBITDA).

Yield +-11,26% (First year)


**PROSPECTUS AVAILABLE**

*File photos

Property Information

Real Estate:

Real Property Included