Office for sale Majuba Apartments, Arcadia Arcadia

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).

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