9.421 ha | Mixed-Use Zoning | Investment & Commercial Potential
Positioned strategically between Paarl and Durbanville, approximately 4 km from the new Cape Winelands Airport, this 9.421 hectare property presents an exceptional investment opportunity with a combination of commercial, agricultural and residential income-generating potential.
The property includes 2 250 m² zoned ‘Neighborhood Business’, providing an established commercial component comprising:
· A truck salvage yard, secured by a long-term lease until February 2028, generating a substantial rental income.
· A mothballed restaurant, bar and venue facility, complete with a valid liquor license, offering potential for future reactivation or redevelopment.
· One residential unit.
The remainder of the property remains zoned ‘Agriculture’ and offers additional income-generating and lifestyle opportunities, including:
· An established olive orchard of approximately 1 700 trees of Kalamata and Mission varieties.
· Four additional residential units providing further rental income.
Water is supplied by two boreholes and electricity is provided via an Eskom transformer.
With its strategic location, mixed-use zoning, existing rental income, agricultural component and proximity to the Cape Winelands Airport, this property offers considerable potential for investors looking to acquire a versatile asset in a rapidly developing area.
On offer as a Sale of Shares transaction at R24.5 million.