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
o 107 Bachelor Units (15–20 m²)
o 63 One-Bedroom Units (30–40 m²)
o 3 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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