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.
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