4,785m² Retail For Sale in Paarl East, CL34810

Details

Welcome to Paarl East Shopping Centre - For Sale by Tender. Closing date for offers is 10 September 2025

The centre is a high-performing retail destination perfectly positioned in one of the Western Cape’s fastest-growing urban hubs. Strategically located near the prestigious Pearl Valley and Val de Vie estates, this centre places your investment at the crossroads of economic expansion and everyday convenience.

Anchored by a modern Super Spar—secured on a 10-year lease and complete with a Tops store and in-house pharmacy—the centre offers long-term stability with strong national tenant appeal.

Situated in a thriving residential node, the shopping centre is surrounded by schools and family-oriented communities. Nearby educational institutions such as Paarl Gymnasium Primary, W.A. Joubert Primary, Laerskool Drakenstein, and Carnegie House Independent School contribute to a vibrant, high-traffic environment. A steady stream of daily commuters and local residents ensures consistent footfall, seven days a week.

Key Investment Highlights: • Gross Annual Income: R9 million • Tenanted by Super Spar (10-year lease) with Tops and Pharmacy • Erf Size: ±20 260m² • GLA: ±4 785m² • 1,375 m² of bulk space – ideal for future expansion opportunities such as a drive-through KFC, Chicken Licken, petrol station, hardware outlet, or other high-impact retail offerings • 270 dedicated parking bays designed for easy access and high foot traffic • Solar Panels + Smart Meters • 600kW Generator on-site

Whether you're seeking a stable income-generating asset or looking to tap into future growth, Paarl East Shopping Centre offers the ideal investment balance of security, scalability, and strategic location.

Tender Closing Date: 11 September 2025 at 17:00