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Live at Pretoria’s civic heart, steps from universities, hospitals and the Union Buildings — iconic landmark with panoramic 360° views and upper-level entertainment deck; 58 furnished suites.
EXTRAORDINARY REDEVELOPMENT POTENTIAL - AWAITING A VISIONARY INVESTOR!
LOOKING FOR A UNIQUE, EXCITING, INVESTMENT OPPORTUNITY IN PRETORIA’S RICH HERITAGE WHERE GOVERNMENT, ACEDEMIA AND COMMERCE MEET?
PRESENTING A STRIKING, ICONIC, MULTI-FLOOR LANDMARK BUILDING WITH HISTORIC MIXED-USE OFFERINGS – RESIDENTIAL, CONFERENCE & POTENTIAL RETAIL RENTAL ACROSS A VARIETY OF MARKET SEGMENTS
CENTRALLY LOCATED TO ALL AMENITIES, INCLUDING HOSPITALS, MEDICAL FACILITIES, TERTIARY EDUCATIONAL INSTITUTUTIONS – UNISA, PRETORIA UNIVERSITY ETC, EMBASSIES, SHOPPING MALLS, UNION BUILDINGS, DTI HQ’s & MAJOR ARTERIALS
FEATURING: Panoramic 360 degree views, 58 - 60 furnished Residential suites & private luxury Penthouses, elegant reception area, sumptuous dining and lounge facilities(100 guests), fully functional & equipped kitchens, cold-rooms, outstanding and flexible conference facilities with separate access, equipped kitchen, cloakroom facilities, upper-level entertainment deck with canteen and gym. Plus behind the scenes staff facilities and access points, CCTV & Fibre points, covered & open parking (44-52 bays) Asking R22m - bids from R21m. All realistic offers negotiated
Currently not operational and needing overall maintenance and repair work, this offers a variety of smart future investment options for a visionary prepared to undertake the necessary remedial work.
On-site generator and elevator require attention. Secure street-front roller door building/parking access.
GLA: 5753sqm
ERF: 2554sqm
ZONING: BUSINESS 3
FLOORS: 8 + BASEMENTS
BUILT 1960
INCL Furnishings & fixtures
WORK REQD: Yes
REPLACEMENT COST: + R300-350m
AVAILABLE ON REQUEST:
VIEWING STRICTLY BY APPOINTMENT ONLY - CONTACT ME TODAY
·ALL WRITTEN OFFERS NEGOTIATED - SERIOUS SELLER - DECEASED ESTATE - COMPANY OWNED
PRICED TO SELL AT A FRACTION OF ITS POTENTIAL VALUE, POSITIONED IN AN UNRIVALLED LOCATION – IT’S PERFECT FOR FUNDED VISIONARY BARGAIN HUNTERS LOOKING FOR VERSATILE, LONG TERM FUTURE PROSPECTS.
Arcadia is a vibrant and centrally located suburb offering a mix of historical charm, convenient amenities, and proximity to government buildings and cultural attractions, making it appealing to professionals and those seeking an urban lifestyle.
* Distances and amenities are approximate.
