2,817m² Apartment Block For Sale in 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: 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.

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