Commercial Property For Sale in Arcadia, Pretoria

Arcadia, Pretoria, Gauteng

Commercial Property

ZAR 28,000,000

• 3,400 sqm
• 2,408 m² plot

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 siz…