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R 4 250 000

Commercial Property for Sale in Parow Central

132 Voortrekker, Parow Central, Parow

500 m²

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Price VAT included and sold as going concern - Prime Location for Development!

This is a fantastic opportunity to acquire a well-located 1145sqm commercial property on Voortrekker Road, currently operating as a second-hand car sales and auto glass fitting business. Its sold as going concern which means its zero rated VAT transaction if buyer and Sellers are VAT Vendor.

Excellent Redevelopment Potential:

The property boasts a GB4 zoning, which allows for high-density development. With 25m height restrictions, this prime location is ideal for the construction of a block of flats, hotel or hospital, maximizing your return on investment.

Current Income Stream:

While you finalize your development plans, the established car showroom and auto glass business provides a steady income stream, offsetting holding costs.

Perfect for Car Dealerships:

The spacious layout offers fantastic visibility from the busy Voortrekker Road, making it a prime location...

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Property Overview

Listing Number

115225392

Type of Property

Commercial Property

Street Address

132 Voortrekker, Parow Central

Listing Date

15 November 2024

Erf Size

1 145 m²

Floor Size

500 m²

Other Features

Internet Access

Fibre

Points of Interest

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