Apartment for sale
Thriving student lifestyle and steady rental demand in the heart of Troyeville, steps from campus and cafes; multi-storey security complex with open-plan units and walk-in closets.
Discover a significant investment opportunity in the heart of Troyeville with this substantial property offering a generous floor area of 3200 square meters on an expansive 3224 square meter ERF. Designed to cater to a diverse accommodation need, particularly within the vibrant university college community, this security complex presents an exceptional prospect for student accommodation providers.
The property features a versatile range of units, including three well-appointed 3 x 3-bedroom and 2-bathroom units. Complementing these are 17 x 2 bedroom units and 1bath, alongside an expansive 1 x 42 bedrooms units, totaling a remarkable 69 bathrooms and 62 kitchens across the development. Many units feature an open-plan style, catering to modern preferences, with some including the convenience of a walk-in closet. This multi-storey building spans from the ground floor up to at least the third floor and above, and is equipped with a DSTV dish. This well-maintained plaster building, designed for conventional living, is perfectly positioned to capture the robust demand for student housing in a thriving community.
Listed for sale at R13,011,899
Compared with 201 active listings in Johannesburg.
Insight
Priced 2116% above the local median — and above the typical range for Johannesburg.
The premium partly reflects the larger floor size; buyers should still compare condition, position, views and finishes before deciding. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Key differences
Good value · based on 169 listings
Large at a premium · based on 169 listings
Market depth
201 listings
Similar homes town-wide
159 days
Median time on market
Many similar homes
Active across Johannesburg
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Troyeville is a historic, bohemian suburb known for its eclectic Victorian architecture, vibrant artistic community, and convenient proximity to the Johannesburg inner city and major transit routes.
