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R7,980,000 | 235m² Office For Sale in Paardevlei

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R7,980,000

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Monthly Levy
R7,170
Monthly Rates
R10,362

A Grade Offices for Sale - The Reserve, Paardevlei

Situated within the highly sought-after Paardevlei Precinct, The Reserve Office Suites is a premium new office development setting a new benchmark for modern workspace in Somerset West.

This first-floor, north-facing unit offers excellent natural light and a well-balanced layout, ideal for professional firms or investors seeking exposure to a high-growth commercial node.

Property Details:
Total Size: 235 m²
Usable Area: 220 m²
Balcony: 15 m²
Floor: First Floor
Orientation: North-facing
10 parking bays
Price: R7,980,000 (excl. VAT)

Investment Snapshot:
Levies: R7 170 pm
Rates & Taxes: R10 362 pm
Estimated Bond Repayment: R54 835 pm
Total Monthly Cost: R72 367 pm

Estimated Rental: R65 384 pm
Net Return: 7.2%

Monthly Shortfall: R6 983 pm
Estimated Capital Growth: 5%
Total Annual ROI: 12.20%

Property Features:
Grey box specification for custom fit-out
Private kitchen and ablution facilities
Aluminium shopfront entrance
SANS-compliant lighting
Private balcony with excellent natural light
Access to landscaped terraces and common areas

Development Overview:
4-storey modern office building
18 sectional title office suites (only 3 units remaining)
Office sizes from 135 m² up to full floor / building options
Total building size approximately 3,440 m²
Priced from R4.75 million – R12.25 million (excl. VAT)

Development Features:
Modern A-grade architectural design
Rooftop entertainment deck with panoramic views
153 secure parking bays
Access control and CCTV security
Premium landscaped environment

Location Highlights:
Prime position on Beach Road, Paardevlei
Opposite Paardevlei Retail Centre
Adjacent to Busamed Private Hospital
Close to Strand Beach and N2 access

Ideal For:
Professional firms
Medical or consulting practices
Investors seeking long-term growth in a prime node

Contact us for floor plans, parking allocation, and full investment breakdown.

Features

10
Zoning
Commercial
Floor
1
Exterior
Security
No
Parking Bays
Open Parkings
10
Parking Ratio
4.0 bays / 100m²
Sizes
Floor Size
235m²

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