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A new era of student living is here: Pretoria private residence selling from R1.15m

25 Feb 2023

*Sponsored content

The development of a new luxury 41 apartment private residence for students is on the cards for a prime site just a stone’s throw away from the University of Pretoria and will be launched to market early next month (March 2023).

Volley Booklyn, which is set to become the benchmark residence of Volley Student Living's upcoming series of 17 purpose-built student accommodations throughout SA, was conceived by local property developers Bow & Arc Developments.

Click here to learn more about Volley Brooklyn

World class amenities & services

With a collection of world-class amenities and unparalleled services, Volley Brooklyn offers investors the rare opportunity to invest in a hassle-free, fully managed investment model that is set to bring strong returns.

On-site coffee & wellness café
Outdoor fitness studio
Learning/ study center
Luxury concierge - including parcel collection services
Tranquil garden
Shaded lounge terrace
Braai & entertainment patio
Laundry room
24-hour security, CCTV cameras
High speed fibre internet
App-driven amenities
Solar & generator backup power
Water backup
Electric scooter rentals
Access to shuttle services
On-demand housekeeping
Free access to Ollie Health
Membership discounts to brands like F45 Training Waterkloof

Situated at 49 Marais Street, Bailey's Muckleneuk, Pretoria.

“The Volley Student Living concept started with one simple belief: that “Students Deserve Better”. This simple belief was the catalyst to add as much value to our student’s lives and include as many amenities, services, and features into each project as we possibly could.” says Etienne Maritz, co-founder of Bow & Arc Developments.

The official sales launch is on Tuesday, 14 March at 12:00 pm after which interested buyers can secure their units online – with 30m2 studios on sale from R1.15 million.

Bow & Arc Developments envisioned something unique for students in South Africa, centered around their mental health, well-being, and academic success. It's not just a place to escape from the rigors of university life, but rather a place that prioritizes the academic success of students while simultaneously prioritising their mental and emotional well-being.

“The goal is to create an environment that fosters personal and academic growth, setting a new standard for student accommodation in South Africa,” says the group.

With a location just 950 meters from the University of Pretoria, construction on the new development is set to commence in April 2023, with an expected completion date of December 2023. This will allow ample time for the finishing touches to be put in place before the start of the 2024 academic year, ensuring a seamless transition for students.

Resilient asset class

The demand for consciously designed purpose-built student spaces is at an all-time high in South Africa. According to the Department of Higher Education and Training's National Student Housing Survey, the expected increase in student enrolments into Public Higher Education Institutions by 2030 is 525k. “Pretoria is the city with the most public higher education institutions, so it was an obvious choice for us to launch the first of our series of Volley developments here.” says Andries Levi Pretorius, co-founder of Bow & Arc Developments.

Click here to learn more about Volley Brooklyn

Together with the expected increase in student enrolments and the developers' commitment to excellence, Volley Brooklyn is set to bring strong returns to investors starting from guaranteed rental yields of 9.38%. The developers have also sweetened the deal by giving all buy-to-let investors a R50 000 discount, a 3-year rental guarantee, and parking bays in their apartment purchase price if they purchase a unit on the day of launch.

It’s also important to note that investors will only start their bond repayments when they take transfer of their apartment upon completion of the development, that there are no transfer duties payable and that there are only 33 units available as EasyProperties have already reserved 8 units.