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)
Parking
Student Accommodation Potential (High-Yield Conversion)
Estimated capacity: ±180 student beds
Configuration potential:
NSFAS compliant sizing:
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
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.