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R 33 000 000

Commercial Property for Sale in Ormonde View

Ormonde View, Johannesburg

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2 817 m²

Contact Broker

Thato Molefe

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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...

Listing number: P24-115032326, Image number: 1

Listing number: P24-115032326, Image number: 2

Listing number: P24-115032326, Image number: 3

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Listing number: P24-115032326, Image number: 6

Listing number: P24-115032326, Image number: 7

Listing number: P24-115032326, Image number: 8

Listing number: P24-115032326, Image number: 9

Property Overview

Listing Number

115032326

Type of Property

Commercial Property

Lifestyle

Student Accommodation, University/College Community

Listing Date

07 October 2024

Erf Size

4 105 m²

Floor Size

2817 m²

Pets Allowed

Facilities

Bedrooms

114

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External Features

Parking

Outside Areas

Building

Multi Tenanted

Yes

Standalone Building

Other Features

Security

Electric Gate, Security Gate, Alarm System, Closed Circuit TV, Guard House, Electric fencing, Perimeter Wall, Boomed Area

Nearby Public Transport

Bus, Minibus Taxi

Internet Access

ADSL, Fibre

Points of Interest

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