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R10,500,000 | 308m² Office For Sale in Paardevlei

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R10,500,000

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Monthly Levy
R9,451
Monthly Rates
R13,634

The Reserve -A-Grade Office, Paardevlei (308 m²)

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.

Positioned on the first floor, this south-facing unit offers a larger footprint with excellent flexibility, making it ideal for established businesses or investors seeking scale within a secure, high-growth precinct.

Property Details:
Total Size: 308 m²
Usable Area: 290 m²
Balcony: 18 m²
Floor: First Floor
Orientation: South-facing
Parking Bays: 13
Price: R10,500,000 (excl. VAT)

Investment Snapshot:
Levies: R9 451 pm
Rates & Taxes: R13 634 pm
Estimated Bond Repayment: R72 151 pm
Total Monthly Cost: R95 236 pm

Estimated Rental: R85 731 pm
Net Return: 7.16%

Monthly Shortfall: R9 505 pm
Estimated Capital Growth: 5%
Total Annual ROI: 12.16%

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 (3 units remaining)
Office sizes from 135 m²
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

13
Zoning
Commercial
Floor
1
Exterior
Security
Yes
Parking Bays
Open Parkings
13
Parking Ratio
4.0 bays / 100m²
Sizes
Floor Size
308m²

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