Historic Embassy in Pretoria: Prime Investment Opportunity
Why Invest?
This isn't just another property on the market; it's a former embassy located in one of Pretoria's most prestigious districts. With its diplomatic-grade infrastructure and flexible zoning, this property offers unparalleled prestige and significant potential for conversion. Whether you're interested in student housing, a guesthouse, or institutional leasing, this asset is poised to deliver exceptional returns.
- Suggested Purchase Price: R5,850,000
- ROI Potential: Highest across all modeled scenarios at this price point
- Zoning: Special (permits offices, guesthouse, dwelling units, general residential)
Location Advantage
Situated in Arcadia, the property resides at the heart of Pretoria's diplomatic, academic, and medical sectors. It's just steps away from the Union Buildings and Mediclinic Muelmed, and surrounded by embassies, student residences, and boutique hotels. With direct access to major corridors such as the N1, N4, M3, and R101, it is an ideal location for institutional tenants, short-term stays, or multi-let conversions.
Property Specifications
- Erf Size: ±1,322 m2
- Building Size: ±674 m2
- Structure: Double-storey former embassy
- Interior Layout: 16 offices, boardroom, walk-in safe, kitchen, dining room
- Sanitation: 8 toilets, 2 showers
- Additional Units: Flatlet with kitchenette, bedroom, bathroom
- Security: Guard house, remote-controlled gate
- Water Supply: Borehole on site
- Parking: 14 bays (8 covered, 6 open)
- Compliance: All additions approved by City Council
- Historic Status: Building older than 60 years
Strategic Scenarios
- Student Housing: Target NSFAS-accredited tenants for high yield and low vacancy.
- Guesthouse: Cater to medical and diplomatic visitors with premium short-term rates.
- Embassy/Office Lease: Appeal to institutional tenants seeking prestige and stability.
- Multi-Let Residential: Attract young professionals with a diversified income stream.
Comprehensive NSFAS accreditation can be facilitated for student housing conversions. Bond origination services are also available to assist investors in securing tailored financing solutions. At the suggested purchase price of R5,850,000, the projected ROI is maximized across all scenarios.
Next Steps
Seize this rare opportunity to acquire a landmark property with built-in flexibility, a strategic location, and proven upside potential. Whether you're a seasoned investor or new to the Pretoria market, Arcadia offers everything you need for success.
DO NOT DELAY TO CONTACT ME.
THIS OPPORTUNITY WILL GO VERY QUICKLY
