Offices For Sale in Majuba Apartments, Arcadia
Building Details
| Building type | Office |
|---|---|
| Grade | A |
| Total GLA | 11,287 m² |
| Available units | 1 |
| Address | 675 Pretorius St, Arcadia, Pretoria |
| Area | Arcadia |
This investment opportunity is a sizeable high quality purpose-built student accommodation building consisting of 8 storeys of 170 units (400 beds) spread across a GLA of 11 287m2. The investment opportunity boasts a head lease agreement whereby the property has a forward NOI yield of +- 16% at a purchase consideration of R 62 million (R 5 493/m2).
Available Units
STUDENT ACCOMMODATION FOR SALE
Majuba Apartments, Arcadia
There is a selection of 107 bachelor units and 63 one-bedroom units on site offering a total of 400 beds managed and let by MidCity Prope...
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