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R 38 000 000

114 Bedroom Apartment / Flat for Sale in Ormonde View

Ormonde View, Johannesburg
  • Bedrooms 114
  • Bathrooms 40
  • Floor Size 2 817 m²
Fully Let Student Accommodation for Sale – Ormonde View

Discover an exceptional investment opportunity with this fully let student accommodation, strategically located just 5km from the University of Johannesburg.

This secure and well-maintained property is ideal for investors looking for a stable income stream in the thriving student housing market.

The property is sold as a going concern with a well-managed team running the residence.

Property Features:

-Four Double-Storey Blocks: Designed for student living with optimal comfort and convenience.

-Accommodation for 148 Students: Including 80 single bedrooms and 68 sharing bedrooms, ensuring diverse living options.

-114 Rooms: Spacious and well-furnished to meet the needs of students.

-40 Bathrooms: Adequate facilities ensuring convenience and privacy for all residents.

-34 Kitchens: Fully equipped to cater to the cooking needs of the students.

-Laundry Room:...

Discover an exceptional investment opportunity with this fully let student accommodation, strategically located just 5km from the University of Johannesburg.

This secure and well-maintained property is ideal for investors looking for a stable income stream in the thriving student housing market.

The property is sold as a going concern with a well-managed team running the residence.

Property Features:

-Four Double-Storey Blocks: Designed for student living with optimal comfort and convenience.

-Accommodation for 148 Students: Including 80 single bedrooms and 68 sharing bedrooms, ensuring diverse living options.

-114 Rooms: Spacious and well-furnished to meet the needs of students.

-40 Bathrooms: Adequate facilities ensuring convenience and privacy for all residents.

-34 Kitchens: Fully equipped to cater to the cooking needs of the students.

-Laundry Room: On-site facilities providing hassle-free laundry services.

-Free WiFi & DSTV: High-speed internet access and entertainment options throughout the property.

-CCTV & Electric Fencing: Comprehensive security measures for peace of mind.

-Security Room: Dedicated space for on-site security personnel.

-65-Seater Shuttle Bus: Convenient transport service for students to and from the university.

This property offers a rare combination of an excellent location, robust security, and comprehensive amenities, making it a top choice for student accommodation. With a 100% occupancy rate and a dedicated management team, this is a lucrative investment opportunity in one of Johannesburg's prime educational hubs.

For more information or to schedule a viewing, please contact:

Bedrooms Bedrooms: 114
Bathrooms Bathrooms: 40
Furnished (Optional) Furnished (Optional)
Listing number: P24-114766522, Image number: 1, Image
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Property Overview
Listing Number
114766522
Type of Property
Apartment / Flat
Listing Date
07 August 2024
Erf Size
4 105 m²
Floor Size
2817 m²
Price per m²
R 13 490
Rates and Taxes
R 5 858
Furnished
Optional
Bedrooms
114
Bathrooms
40
Kitchens
34
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