None of the students was hurt as they were all not in the building during the incident.
The two-storey uncompleted structure located at Methodist Junction at New Dawhenya in the Ningo-Prampram District suddenly gave way as floors and pillars fell on each other like falling pack of cards on Friday afternoon.
The cause of the collapse is yet to be ascertained. Parts of the main house and some stores located on the compound were also broken with iron rods that were holding the pillars of the collapsed building.
A popular eatery ‘Ajeley Restaurant’ which is also located in the structure was also flattened.
The GNA reported that personnel from Ghana National Fire Service, National Disaster Management Organisation officials and police personnel were present at the scene.
Traumatised students from an adjacent hostel and some residents had also gathered at the scene of the incident on Friday.
Deputy Superintendent of Police (DSP) Paul Mensah Bampoh, District Police Commander, said his outfit received information about the collapsed building at about 1430 hours.
He said information gathered on the incident was very sketchy but confirmed that there were no casualties.
Alhaji Shardrack Nartey, District Chief Executive, who visited the scene, consoled the owner, Mr John Arthur, who was visibly traumatised as he kept weeping.
Alhaji Nartey said the technical officers of the Assembly would investigate the incident to find out the cause.
He also called on developers to adhere to all building regulations to prevent recurrence of such incidence.
Some of the affected students told the GNA that all their belongings which include learning materials, clothing, furniture and cooking utensils were buried under the rubble.
In March this year, a seven-storey uncompleted hotel building at Nii Boi Town in Accra collapsed claiming one life.