NEW
4,050m² Investment For Sale in Johannesburg Central
POA
41a Rissik Student Accommodation None None
Web Ref
CL34794
NSFAS Accredited Student Accommodation With More Space To Develop - On Auction 10 September 2025
41A Rissik Street – High-Potential Student Accommodation Investment with Strong Retail Income
Auction: 10 September 2025 | Venue: Wanderers Golf Club
A standout opportunity to acquire a partially developed, income-generating student accommodation property in the heart of Johannesburg’s Financial District, with strong upside potential and solid existing cash flow.
Located at 41A Rissik Street, this strategically positioned property currently offers 60 NSFAS-accredited student beds and is home to high-performing ground-floor retail tenants, providing a stable and attractive dual-income stream. The building’s partially developed state also presents a compelling opportunity to scale and enhance future returns.
Key Features:
60 NSFAS-accredited student beds
Strong retail component generating consistent, reliable income
Partially developed, offering excellent upside and expansion potential
Pre-paid electricity and backup water supply for seamless operations
Ideally located near UJ, WITS, Rosebank College, and CJC
Easy access to public transport via two nearby BRT (Bus Rapid Transit) stations
A 3-minute walk to Gandhi Square, Woolworths, restaurants, and cafés
This is a rare opportunity to acquire a centrally located, income-producing asset with real potential for growth in Johannesburg’s booming student accommodation market.
Invest now and unlock value through scale and location.
Auction: 10 September 2025 | Venue: Wanderers Golf Club
A standout opportunity to acquire a partially developed, income-generating student accommodation property in the heart of Johannesburg’s Financial District, with strong upside potential and solid existing cash flow.
Located at 41A Rissik Street, this strategically positioned property currently offers 60 NSFAS-accredited student beds and is home to high-performing ground-floor retail tenants, providing a stable and attractive dual-income stream. The building’s partially developed state also presents a compelling opportunity to scale and enhance future returns.
Key Features:
60 NSFAS-accredited student beds
Strong retail component generating consistent, reliable income
Partially developed, offering excellent upside and expansion potential
Pre-paid electricity and backup water supply for seamless operations
Ideally located near UJ, WITS, Rosebank College, and CJC
Easy access to public transport via two nearby BRT (Bus Rapid Transit) stations
A 3-minute walk to Gandhi Square, Woolworths, restaurants, and cafés
This is a rare opportunity to acquire a centrally located, income-producing asset with real potential for growth in Johannesburg’s booming student accommodation market.
Invest now and unlock value through scale and location.
Features
Building Name
41a Rissik Student Accommodation
Zoning
Mixed Use
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
4,050m²
Land Size
495m²
Extras
24 Hour Access; ADSL; Accommodation; Built in Wardrobes; Communal; Bath, Toilet and Basin; Water Tank
