1 348 m² Commercial space in Pretoria Central
Pretoria Central, Pretoria Central And Old East, Gauteng
Lettable area read from the listing title — the lister did not state a figure. Confirm on inspection.
Listed by
Lynette van As
RE/MAX Infoglobe Pretoria & Constantia Park
Details
Prime Commercial Investment in Pretoria CBDBureau Building stands as a significant commercial asset situated on Helen Joseph Street, just off Church Square, in the heart of Pretoria''s Central Business District. This multi-storey property offers exceptional investment potential with a combination of established retail income and substantial development opportunities across its upper floors.Prime Pretoria CBD commercial property featuring established retail income from Ackerman''s anchor tenant through 2030, with 1,348 sqm lettable area and significant upper-floor conversion potential for offices or residential use.The building comprises basement, ground, first and second floors currently generating income through an Ackerman''s retail store anchor tenant under a secure 5-year lease extending to 30 September 2030. The ground level and upper retail floors provide a gross lettable area of 1,348 square meters, strategically positioned to capture significant passing traffic on one of Pretoria''s busiest thoroughfares.Floors three through seven remain available for conversion into modern office space or residential units, offering considerable flexibility for alternative uses and revenue generation.Bureau Forum is not just a commercial asset it is a development platform. The ability to transition from a 9.9 yield to a 13.5 yield while maintaining a national retail anchor provides a risk-adjusted return profile that is rarely seen in the current marketKey FeaturesPrime location a stone throw from Church Square, Pretoria''s major commercial hubEstablished retail income from Ackerman''s anchor tenant through 20301,348 sqm gross lettable area with excellent traffic exposureUpper floors available for office or residential conversionSurrounded by high-rise commercial and government buildingsStrategic position within Tshwane''s CBD core development areaDirect access to Government Boulevards linking major capital anchorsChurch Square represents one of Pretoria''s strongest commercial corridors, surrounded by major arterial routes and predominantly occupied by government departments and established businesses. The property benefits from Tshwane''s intensified mixed-use development policies, positioning it within a designated core area promoting commercial and residential growth. This combination of secure current income, prime location, and significant redevelopment potential makes Bureau Building an attractive opportunity for investors seeking established cash flow with long-term appreciation prospects. Contact us to arrange a viewing and discuss the full potential of this exceptional commercial property.INFOGLOBE PROP CC trading as REMAX Infoglobe Constantia operates in terms of a franchise agreement with REMAX of Southern Africa.
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