2 817 m² Commercial space in Ormonde

Located in the heart of Ormonde View, this fully occupied and accredited student accommodation complex is situated in one of the most sought-after areas for student housing. With its prime position between Aeroton and Nasrec, the property is also close to key attractions such as Gold Reef City and FNB Stadium. Its close proximity to major transport routes and just 5km from the UJ Soweto Campus ensures consistent student demand.

Investment Highlights:

Student Housing Capacity: 148 Bursary Students

Accreditation: NSFAS and University of Johannesburg

Status: Sold as a going concern with an existing long-term lease agreement

Financials: Guaranteed High Net Operating Income

Property Features:

Zoning: Residential 3

ERF Size: 4,105 sqm

Security:

oCCTV Cameras

oAlarm System with Guard Room

Amenities Include:

Laundromat on site

Free Wi-Fi

24 Balconies

34 Kitchens

40 Bathrooms

114 Rooms

65-Seater Shuttle Bus Services

Nearby Shopping Centres

South Gate Mall

The Glen Shopping Centre

Comaro Crossing

Why Invest?

This property offers a plug-and-play opportunity for serious investors seeking a lucrative venture with minimal effort. With a fully-let status and long-term lease agreements, this investment guarantees a strong and stable income stream.

For inquiries or to schedule a viewing, contact us today