Prime Commercial Property for Sale on Voortrekker Road, Parow
Located at 114-116 Voortrekker Road, Parow, this C-grade building offers a prime opportunity for businesses looking for visibility and accessibility in a high-traffic area. The property benefits from excellent signage opportunities and is situated along a bustling main road with substantial foot traffic, making it an ideal investment for businesses seeking to establish a strong presence. Its strategic location ensures excellent accessibility for both pedestrians and vehicles, with the added benefit of being well-connected to public transportation routes, including bus and taxi services.
The building is currently tenanted by a bar and pool hall on the first floor, along with a mechanical workshop, providing stable rental
income. The versatile layout makes it suitable for a wide range of retail, office, or service-oriented businesses. The property offers a total GLA of approximately 2,800m², which includes 1,200m² of office space, 800m² of warehouse space, and 800m² of retail space. The building also features basement parking for tenants and visitors.
With an additional bulk of 2,825m² available for further development or expansion, the property presents excellent potential for future growth. Zoned for General Business 4, this property is located within the Greater Tygerberg Partnership (GTP) area, a progressive urban development zone. VAT registered, this property is a sound investment opportunity for those seeking to capitalize on a thriving, high-traffic location.
The property is subject to the following municipal costs: monthly rates of R7,283, water charges of R3,034, refuse removal at R509, and sewerage costs of R2,496.
This is a rare opportunity to acquire a commercial property in a high-visibility location, perfect for businesses looking to expand or establish a presence in a vibrant, well-connected neighborhood.
Read more...