Business for sale in Arcadia

Introducing the Majuba Building, a prime investment opportunity ideally located on the sought-after Pretorius Street in Arcadia, Pretoria. Spanning 3,828 m2, this fully refurbished building offers a turnkey student accommodation solution, currently housing 365 students with capacity for 400 under NSFAS lease agreements.

This sectional title property features 173 modern units, ranging from bachelor and one-bedroom apartments to four-bedroom configurations, offering a mix of flexible and high-demand housing solutions. Approval for 500 student beds at TUTEH is currently underway, further boosting the investment potential.

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Property Summary

• Total Size: 3,828 m2
• Total Units: 173

o107 Bachelor Units (15–20 m2)

o63 One-Bedroom Units (30–40 m2)

o3 Four-Bedroom Units

• Current Occupancy: 365 NSFAS students (contracted for 11-month lease periods)
• Rental Income: R4,500 per student per month
• Sectional Title: No transfer duty payable

All units have been stylishly renovated, reflecting modern urban living standards that appeal to student tenants.

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Key Features & Amenities

• 24/7 Security: Access-controlled entry, CCTV surveillance, and secure premises
• Basement Parking: Ample, secure parking for tenants and guests
• Public Transport Access: Adjacent to TUT bus stop, taxi routes, and bus lines
• Convenient Location: Within walking distance of SunCardia Mall, Nedbank Plaza, Sterland Cinema, McDonald’s, KFC, and Romans Pizza
• Close to Institutions: Minutes from the Union Buildings and major educational institutions in Arcadia, Sunnyside, and Pretoria CBD

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On-Site Facilities

• Kone Elevator: Maintained by EMC, providing reliable access to all floors
• Laundry Room: Equipped with coin-operated machines
• Energy-Efficient Water Heating: Heat pump system replaces geysers, cutting electricity costs
• Uncapped Wi-Fi: High-speed internet throughout the building
• Communal Entertainment Space: Designed for social interaction and relaxation
• Unique Artistic Appeal: Features striking artwork by renowned South African artist Zesta

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Prime Location Advantages

The Majuba Building enjoys excellent connectivity to:

• Major Arteries: Church Street, N1, N4, Park Street & Hamilton Street
• Neighbouring Hubs: Hatfield, Sunnyside, Pretoria Central

Its strategic position makes it ideal for students and professionals, offering both accessibility and lifestyle convenience.

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Investment Highlights

• Stable rental income stream through NSFAS agreements
• Sectional title – no transfer duty payable
• Fully refurbished and in excellent condition
• Approval in process for 500 beds at TUTEH, increasing capacity and income potential
• Situated in a high-demand rental node

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Price: Excludes VAT

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Don't miss this outstanding investment opportunity.

Contact us today to arrange a private viewing and unlock the full potential of the Majuba Building.

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