R 28,000,000

Commercial Property For Sale in Arcadia, Pretoria


3400m2
Floor Size
2408m2
Land Size

A-Grade Residential Investment | Arcadia | High Yield with Student Conversion Upside

An exceptional opportunity to secure a fully operational, A-grade residential block in the heart of Arcadia. This is a clean, well-managed asset with strong existing income, minimal vacancy, and powerful future upside through student accommodation conversion.

Investment Overview

  • Sectional title building – no transfer duty payable

  • Not VAT registered transfer duty apply

  • Stable tenant profile: families and government employees

  • Less than 1% vacancy rate

  • All municipal accounts fully up to date

  • Active maintenance plan ensuring A-grade condition

  • Schindler lift – upgraded and fully operational

Financial Performance

  • Gross annual income: R3 217 000

  • Net annual income: R2 040 000

  • Annual expenses: R1 176 000

Unit Breakdown (42 Apartments)

  • 30 x 1.5-bedroom units (71m²)

  • 12 x 2.5-bedroom units (81m²)

  • Each unit includes:

    • Private kitchen

    • Living area

    • Bathroom

Parking

  • 37 x garages

  • 2 x additional parking bays

Student Accommodation Potential (High-Yield Conversion)

  • Estimated capacity: ±180 student beds

  • Configuration potential:

    • 4 students per 1-bedroom / 1.5-bedroom unit

    • 5 students per 2-bedroom unit

  • NSFAS compliant sizing:

    • Minimum 8m² per single room

    • Minimum 14m² per shared room

  • Large erf with additional development potential:

    • Laundry facilities

    • Study areas

    • Entertainment spaces

    • Kiosk

    • Gym

  • Projected gross student income: ±R9 000 000 per annum

Strategic Location

  • 1.8 km to UP Prinshof Campus

  • 1.5 km to Steve Biko Academic Hospital

  • 850 m to TUT / TVET College

  • Positioned in a high-demand rental and student node

Seller Requirements

  • Proof of funds required:

    • Minimum 10% deposit

    • ±11% for transfer and associated costs

  • No access will be granted without financial verification

Disclaimer
All information provided is deemed accurate at the time of listing. Buyers are advised to conduct thorough due diligence. The seller and broker cannot be held liable for any changes, omissions, or discrepancies.

This is not just a property—it is a scalable income asset with immediate returns and significant upside.

Contact Nadia Du Ven | eXp Realty to discuss financials in detail and arrange a qualified viewing.


Property overview

Per m2
R 8,235
Rates
R 7,000
Floor Size
3400 m2
Land Size
2408 m2
Property Ref
P1549091

What this place offers


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Nadia Du Ven
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