R6,450,000 | 188m² Office For Sale in Paardevlei

An opportunity to acquire a premium sectional title office within The Reserve Office Suites, a new-generation commercial development in one of Somerset West’s most in-demand business nodes.

This unit is well-positioned to benefit from strong tenant demand and long-term capital growth within the Paardevlei precinct.

This first-floor, south-facing unit offers a functional layout with private outdoor space, ideal for professional firms or investors seeking a well-positioned office in a high-demand commercial node.

Property Details:
Total Size: 188 m²
Usable Area: 175 m²
Balcony: 13 m²
Floor: First Floor
Orientation: South-facing
Parking Bays: 7
Price: R6,450,000 (excl. VAT)

Investment Snapshot:
Levies: R5 703 pm
Rates & Taxes: R8 375 pm
Estimated Bond Repayment: R44 321 pm
Total Monthly Cost: R58 399 pm

Estimated Rental: R51 181 pm
Net Return: 6.9%

Monthly Shortfall: R7 218 pm
Estimated Capital Growth: 5%
Total Annual ROI: 11.90%

Property Features:
Grey box specification for custom fit-out
Private kitchen and ablution facilities
Aluminium shopfront entrance
SANS-compliant lighting
Private balcony
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, and full investment breakdown.