Pretoria Arcadia Majuba Apartments, Arcadia Student Accommodation For Sale, Majuba Apartments, Arcadia

Student Accommodation For Sale, Majuba Apartments, Arcadia - Office Space For Sale in Arcadia

Listing Details

R 61 999 491
Asking price
Rate R5493 / m²
Size 11287 m²
Address 675 Pretorius St, Arcadia, Pretoria
Area Arcadia

There is a selection of 107 bachelor units and 63 one-bedroom units on site offering a total of 400 beds managed and let by MidCity Property Group. The property has various facilities and amenities which include 75 parking bays, communal and recreational areas, a football pitch, uncapped Wi-Fi and an onsite coin-operated laundry room. The property is conveniently located...

There is a selection of 107 bachelor units and 63 one-bedroom units on site offering a total of 400 beds managed and let by MidCity Property Group. The property has various facilities and amenities which include 75 parking bays, communal and recreational areas, a football pitch, uncapped Wi-Fi and an onsite coin-operated laundry room.

The property is conveniently located near various tertiary education institutes within the main Tshwane University of Technology transport and surrounding nodes which include; Boston City Campus Arcadia (0.35km), Rosebank College Sunnyside (2.00km), Rosebank College Pretoria Central (3.00km), The University of Pretoria (3.00km), Tshwane University of Technology (8.00km), Boston City Campus Lynwood (11.00km)

This is an opportunity that should not be missed! Contact me or our capital markets executive JP De Bruin: 072 152 8681

Amenities
Location
Building
Feature Details
Internet Included
Security Included
Standalone Included
Natural Ventilation Included
Balcony Included
Majuba Apartments, Arcadia 675 Pretorius St, Arcadia, Pretoria Arcadia

Building Description

This investment opportunity is a sizeable high quality purpose-built student accommodation building consisting of 8 storeys of 170 units (400 beds) spread across a GLA of 11 287m2. The investment opportunity boasts a head lease agreement whereby the property has a forward NOI yield of +- 16% at a purchase consideration of R 62 million (R 5 493/m2).
Jason Lahner

Jason Lahner

Leasing specialist

Jason Lahner is your broker for Arcadia. Get in touch to arrange a viewing or discuss lease terms.

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