Live and Online Multi Property Auction – 21 August 2025 @ 12:00 Midday
Live Venue: The Bryanston Room and Marquee, Bryanston Country Club, 63 Bryanston Drive, Bryanston
Improvements: +/- 1584sqm
The subject property located at 122 Soutter Street, Pretoria comprises a well-maintained residential block designed to accommodate student housing. The development consists of a three-storey facebrick building that reflects solid construction quality and long-term durability with low maintenance requirements.
The building features a total of 24 residential units, configured as follows:
• 1-Bedroom Units
• 2-Bedroom Units
• 3-Bedroom Units
The configuration has been optimally designed to accommodate up to 108 students, making it ideally suited for NSFAS-accredited or private student accommodation. The current inventory includes 100 beds, ensuring a high occupancy ratio while allowing for functional spacing and tenant comfort.
The property’s layout and internal infrastructure support shared living arrangements, with units likely containing communal or semi-private kitchen and bathroom facilities tailored to the student accommodation model.
Building Condition and Features
• Structure: The building is constructed of facebrick, which is in good condition, offering aesthetic appeal as well as low ongoing maintenance requirements.
• Floors: The structure spans three storeys, with a uniform layout across levels.
• Access: Entry points and circulation areas appear to be efficiently designed for student living, with secure access and movement between units and communal areas.
• Capacity: Although the maximum student capacity is 108, current furnishing supports 100 beds, providing the opportunity to expand the inventory or enhance space allocations per tenant.
Usage & Accreditation
The property is a fully accredited NSFAS-approved student accommodation facility, with formal accreditation granted by the Tshwane University of Technology (TUT) -Shoshanguve Campus. It is currently operating as a student residence and adheres to all applicable university accommodation standards.
The block is purpose-configured to offer a balanced environment that promotes student privacy, communal engagement, and affordability, making it well-suited to the needs of the tertiary student market.
Due to its accreditation status, established use, and proximity to major educational institutions, the property is highly suitable for continued operation as student accommodation. Additionally, it offers potential for redevelopment or repositioning in line with future market demands.
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