Paarl Development Opportunity

The Opportunity

Scale, Income and Expansion in One Platform

This is a rare combination in the Paarl industrial market: a large, consolidated site under single ownership, a newly completed warehouse of institutional scale, and a professionally planned redevelopment framework that roughly triples the built footprint over time.

01 · New Build Core Asset

A new ±8,000 m² warehouse with a clear span steel structure, new floor slabs and sheeting, completed and ready for occupation.

02 · Income At The Door

A five year lease at R80/m² net is at an advanced stage and expected to be concluded imminently, subject to final signature. On conclusion this anchors ±R7.68m p.a. net income from day one.

03 · Development Upside

An engineered Site Development Plan (Frame Consulting, Proposal 3) frames ±17,000 to 19,000 m² of additional GLA across multiple mini and midi units, a phased path to a multi tenant industrial park.

04 · Power and Access

200 Amps installed with a confirmed upgrade path to 1,000 Amps. Additional site entrances are planned off the surrounding road network to support multi tenant operation.

Basis of this opportunity. This is offered as a development platform rather than a stabilised income asset. Value is anchored in the land, the new improvements and the expansion bulk. Pricing, title and full property particulars are released on enquiry. The pending lease is subject to final signature; the SDP is indicative and subject to municipal approvals.

The Asset

New 8,000 m² Warehouse

Newly completed clear span warehouse with high volume eaves, translucent sheeting for natural light, new power floated floors and full perimeter walling, awaiting its first occupier.

Gross lettable area	±8,000 m² (new build)
Lease status	Five year lease at R80/m²/month net at advanced stage, expected to conclude imminently, subject to final signature
Projected net income	±R7,680,000 per annum on lease conclusion (8,000 m² × R80 × 12)
Power	200 Amps installed; upgradeable to 1,000 Amps
Access	Existing gated access; additional entrances planned

Development Upside

±17,000 to 19,000 m² Additional GLA

Frame Consulting Engineers have prepared a full Site Development Plan (Proposal 3, Rev D) for the redevelopment of the site: a multi unit industrial park layout with dedicated yards, canopies, truck circulation, a weighbridge and structured parking.

Unit Mix

Mini and midi units from ±2,600 m² to ±6,600 m² footprints, each with ground and first floor offices, a letting profile matched to the Paarl and Boland logistics and light manufacturing market.

Phased Delivery

The existing improvements and new warehouse generate holding income while phases are brought forward against signed tenant commitments, the disciplined route to value in this node.

Existing Yard Infrastructure

Extensive covered yards and hardstand already on site support interim storage and logistics income ahead of redevelopment.

Planning status. The SDP is a planning drawing issued for discussion (Rev D, July 2026) and is indicative only. All bulk, coverage and unit configurations remain subject to Drakenstein Municipality land use approval. The zoning certificate is being obtained and will be made available during due diligence. Development figures should be relied on only once scheme parameters are confirmed.