Commercial space in Goodwood Estate
Prime 79-Bed Student Accommodation Investment | High-Yield, Purpose-Built Asset in Cape Town
Position your portfolio for exceptional long-term returns with this rare opportunity to acquire a purpose-built, 79-bed student and young professional accommodation development in one of Cape Town''s most strategic rental corridors.
Situated on the bustling Voortrekker Road in Goodwood, this landmark investment is approximately 95 complete, significantly reducing development risk while allowing the purchaser to complete the final finishes and unlock immediate income-producing potential.
Designed specifically for the growing student and workforce accommodation market, the development offers 79 fully en-suite bedrooms complemented by thoughtfully planned communal facilities that encourage modern shared living. Residents will enjoy access to a communal kitchen and dining area, dedicated study and computer room, tenant lounge, meeting spaces, laundry facilities, and secure access-controlled livingall designed to maximise occupancy, tenant satisfaction, and operational efficiency.
The property''s prime location places it within easy reach of major educational institutions including CPUT Bellville Campus and the University of the Western Cape, while also serving the thriving employment hubs of Bellville, Parow, Goodwood, and surrounding industrial and commercial precincts. Excellent public transport connectivity along one of Cape Town''s busiest arterial routes further enhances its appeal to both students and young professionals.
With an estimated rental income of R7,500 to R9,500 per room per month, the development offers compelling income potential:
Projected Monthly Gross Income: R592,500 R750,500
Projected Annual Gross Income: R7.1 million R9 million
Estimated Gross Yield: Approximately 15.8 20
Investment Highlights:
79 fully en-suite accommodation units
Approximately 95 completed development
Purpose-built student and workforce accommodation
Secure access-controlled building
Modern communal living facilities
Strong transport links and high commuter visibility
Close to major universities, colleges, retail and employment nodes
Exceptional rental demand fundamentals
High-yield investment opportunity with further upside through occupancy optimisation
Purpose-built accommodation assets of this scale rarely become available in established urban locations. Whether you''re an experienced property investor, fund manager, REIT, or developer seeking a high-income asset with strong long-term fundamentals, this opportunity presents outstanding value in one of Cape Town''s most resilient rental sectors.
Serious investors only. Proof of funds may be requested prior to arranging a private viewing.
Contact us today for further information or to arrange a private viewing.
Property details
- Listing number T5550205
- Property type Commercial
- Listing date 12 Jul 2026
- Land size 456 m²