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Commercial Property For Sale in Arcadia, Pretoria

Arcadia, Pretoria
R 43975000
RunningCosts Bond
Costs
Property Type Commercial
Erf Size 2556 m2
Levies R 0
Listing Date March 01, 2022
Floor Size 6241 m2
Rates and Taxes R 0
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Property description

Magnificent Art Deco Apartment Block, constructed over 2 erven, situated across the road from the Union Buildings. Ideal for Student Accommodation or Investment. It is in close proximity to Universities and Learning Institutions, This Full Title property consists of 80 Apartments each offering a closed verandah which could be used as an additional bedroom. Currently offering the following:

1 x 46m2 x 1 bedroom unit
37 x 59m2 x 1 bedroom units
10 x72m2 x 1 bedroom units
22 x 94.55m2 x 2 bedroom units
3 x 99.16 x 2 bedroom units
3 x 106m2 x 2 bedroom units
3 x 148m2 x 3 bedroom units
1 x 139m2 x 2 bedroom cottage which would be ideal for Caretaker/Manager
In addition the property's hot water is serviced by Heat Pumps therefore no Geysers and high Electricity costs.
It also offers an Elevator and undercover parking as well as secure off street parking.

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