8,566m² Investment For Sale in Bloemfontein Central, CL34869

Jellemzők

On Auction 26 November- Prime Retail with Offices | Residential Conversion Opportunity | GAI+- R2.38 million | Fully Let Ground Retail

The African Life Building is a prominent five-storey commercial property ideally positioned at the corner of St Andrews Street and Oliver Tambo Road, in the heart of Bloemfontein’s central business district. With a gross lettable area of ±8,566 m², the property comprises fully let retail space on the ground floor and office suites on the upper levels, offering exceptional flexibility for a wide range of tenants or potential redevelopment into residential or student accommodation.

Prime Location: Ideally situated within walking distance of key amenities, including Middestad Mall, Bloemfontein Plaza, Mimosa Mall, Loch Logan Waterfront, Rosebank College, Bolton College, Damelin, Cornerstone Institute and the Central University of Technology (CUT). The property also enjoys close proximity to the University of the Free State (UFS), major shopping centres, transport routes, and civic institutions, ensuring strong foot traffic and sustained demand — making this an ideal location for student housing or mixed-use development.

Key Features • 3 lifts • 42 basement parking bays (accessed via Oliver Tambo Road) • 25 covered parking bays • Multiple access points • Zoning supports business and mixed-use development, including residential/student accommodation conversions

There is strong potential to convert the upper floors into modern student apartments (±162–324 beds). The large auditorium and raised gallery provide additional opportunities for recreation, entertainment, study, or social facilities. This is a landmark investment opportunity in one of Bloemfontein’s most central and accessible locations — ideal for developers, investors, or educational institutions looking to capitalize on the growing student accommodation market.

Endless possibilities in the heart of the city!

Contact the Broker for a detailed Investor Pack.