12 Bedroom Apartment Block For Sale in Paarl Central
R7,500,000
3139 Cnr Louw & Tabak Rd
Monthly Bond Repayment R74,878.49
Calculated over 20 years at 10.5% with no deposit.
Web Ref No JRL33296
Developer opportunity in Prime Paarl Location
Development Opportunity in Prime Paarl Location
This 1,280 sqm property is perfectly positioned in a high-visibility, fast-developing area of Paarl. The existing 384 sqm double-storey building comprises 6 spacious apartments (+-64 sqm per apartment), currently not habitable, making it ideal for a complete redevelopment or full renovation project.
Whether you're an investor or developer, this property offers exceptional value with ample space to extend or rezone, subject to municipal approval. Surrounded by new developments, commercial activity, and easy access to main routes, this site presents endless potential for residential or mixed-use purposes.
Property Features:
Erf size: 1,280 sqm
Building size: 384 sqm
6 spacious units
Solid brick structure ready for transformation
Secure front wall
Located in a well-trafficked area of Paarl
Unlock the potential of this rare find in one of Paarl’s most rapidly evolving corridors.
📞 Contact us today for more information or to schedule a site viewing.