Property description

Prime Commercial Investment in Pretoria CBD

Bureau 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 market

Key Features

Prime location a stone throw from Church Square, Pretoria's major commercial hub

Established retail income from Ackerman's anchor tenant through 2030

1,348 sqm gross lettable area with excellent traffic exposure

Upper floors available for office or residential conversion

Surrounded by high-rise commercial and government buildings

Strategic position within Tshwane's CBD core development area

Direct access to Government Boulevards linking major capital anchors

Church 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.