3 Bedroom House in Johannesburg CBD

Prime Commercial Property for Sale - Ormonde View, Nasrec , Johannesburg South Prime NSFAS-Accredited Student Accommodation Investment | Ormonde View, Johannesburg SouthAn exceptional investment opportunity awaits at 4 Tempest Street, Ormonde View, Johannesburg South. This well-maintained NSFAS-accredited student accommodation, 148 beds facility is strategically positioned between Nasrec and Aeroton, offering excellent accessibility to major transport routes, educational institutions, and key commercial nodes.Priced at R27,999,999 excluding VAT, the property is ideally suited for investors seeking a high-demand, income-generating asset within Johannesburg Souths growing student housing sector.The property accommodates approximately 148 students and is situated on a spacious 4 105m² ERF, with a substantial gross lettable area of 2 817m². Zoned Residential 3, the development is designed to provide secure, convenient, and comfortable student living.Key features include:NSFAS accreditationAccommodation for approximately 148 studentsGross lettable area of 2 817m²ERF size of 4 105m²CCTV surveillance and alarm systemOn-site guard room and secure environmentLaundromat facilities on siteFree Wi-Fi connectivity available 24hrsShuttle bus services for student transportIdeally located approximately 5km from the University of Johannesburg Soweto Campus, the property enjoys consistent student demand and strong occupancy potential. Nearby amenities include Southgate Mall, The Glen Shopping Centre, and Comaro Crossing, providing convenient access to shopping, dining, and essential services.Additional nearby landmarks include Gold Reef City and the FNB Stadium, further enhancing the propertys strategic location and long-term investment appeal.This is a rare opportunity to acquire a fully operational student accommodation facility in a sought-after Johannesburg South location with excellent growth and income potential. Show more Show less