Commercial for sale at 100 Pretoria Street
Turn-key student living 2.3km from TUT, shops and transit; NSFAS/TUT-accredited for 116 students, load-shedding-free, fully furnished units with secure parking.
NSFAS ACCREDITED BUILDING FOR SALE
FULLY ACCREDITED WITH TUTEH AND NSFAS FOR 116 x STUDENTS
CURRENTLY HAS A B-GRADE STATUS, BUT CAN BE IMPROVED TO A-GRADE IF ENTERTAINMENT/SPORT FACILITIES ARE CREATED.
FULLY CONVERTED AND FURNISHED
LOAD SHEDDING FREE AREA
- 29 x 2 Bedrooms (50m2)
- 39 x Parking bays (29 x under cover - under building)
- 1 x Caretaker apartment with 1 bedroom, kitchen, bathroom and private garden
- Security gate, guard house, electric fence, CCTV Cameras on ground floor and apartment floors
- Fire proof windows
- Occupancy Certificate and Building Plans available
- Res 4 Zoning
- Fully equipped laundry with washing lines
- Heat pump system - no geysers
- Electricity Pre-paid meter in each apartment
- Approved to place 4 x students in each apartment @ R50 000.00 x 116 = R5 800 000.00 Gross per annum
- Minus 50% expenses: R2 900 000.00 Nett income per annum
LOCATION: 2.3KM to TUT Main Campus
1KM to Quagga Shopping Center and KIT KAT Cash and Carry
Walking distance to Metro Station, bus stops and taxi ranks
Listed for sale at R19,500,000
Pretoria West is a well-established, industrial-adjacent residential area that offers affordable housing options and convenient access to the Pretoria CBD and major transport routes.
