3 Bedroom House in Johannesburg CBD

Prime NSFAS-Accredited Student Accommodation Investment | Ormonde View, Johannesburg South

An 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 accreditation

Accommodation for approximately 148 students

Gross lettable area of 2 817m²

ERF size of 4 105m²

CCTV surveillance and alarm system

On-site guard room and secure environment

Laundromat facilities on site

Free Wi-Fi connectivity available 24hrs

Shuttle bus services for student transport

Ideally 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.