Property Details

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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Property Features

  • Property Type Business
  • Building Size 3,828m²
  • Stand Size

Associated Costs

  • Rates & Taxes ± 30000

Location

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