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R 37 999 999 Bond Calculator | Commercial Property for Sale in Ormonde View

Johannesburg, Ormonde View

40
Erf Size: 4 105 m²

For Sale Student Accommodation Investment Ormonde in close proximity to UJ Soweto

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:
o CCTV Cameras
o Alarm 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


PARKVILLE PROPERTIES (PTY) LTD trading as RE/MAX Advantage (Rosebank) operates in terms of a franchise agreement with RE/MAX of Southern Africa.


Property Overview

Listing Number
115032326
Type of Property
Commercial Property
Lifestyle
Security Complex, University/College Community, Student Accommodation
List Date
07 October 2024
Erf Size
4 105 m²
Floor Area
2 817 m²
Pets Allowed
No

Facilities

Bedroom
114
Bathrooms
40
Kitchens
34

External Features

Parking
20,

Building

Multi Tenanted
Yes
Standalone Building
Yes

Other Features

Nearby Public Transport
Bus
Internet Access
Fibre


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Agents

Thato Molefe
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