456 m² Commercial space in Goodwood Estate

95 Complete Handover and Scale Up for Next Semester

Opportunities to secure a purpose-built, high-density residential asset of this scale on Voortrekker Road are incredibly rare. This near-complete 79-bed development is perfectly positioned on Goodwoods main arterial corridor, custom-designed to tap into the massive, non-cyclical demand from both the student and young workforce sectors in the Northern Suburbs.

With the heavy lifting of the construction phase already 95 complete, an incoming investor can focus on the final finishes, branding, and lining up tenants for a highly lucrative launch.

The Property Asset

Unlike standard block conversions, this building was designed from the ground up for high-occupancy community living, ensuring maximum spatial efficiency and lower long-term maintenance.

79 Private En-Suite Rooms: No shared bedrooms or standard communal bathrooms every resident enjoys their own space and private bathrooma massive drawcard for premium rental rates.

Turnkey Infrastructure: Secure biometricaccess-controlled entry, dedicated internal laundry and utility zones, and heavy-duty internal circulation layouts built for high foot traffic.

Built for Community & Focus

The layout strike a perfect balance between private living and vibrant communal spaces, aligning with what modern students and young professionals expect:

Study & Focus: A dedicated study and computer room offers a quiet environment for remote work and academic prep.

Social & Living: Large communal kitchen, dining hall, and a separate tenant loungemeeting space to foster a great community culture.

Convenience: Shared washroom, grooming facilities, and integrated laundry areas.

Location & Tenant Demand Drivers

Voortrekker Road is the ultimate high-exposure commuter spine of the Northern Suburbs. The property sits squarely within the transit loop of major tertiary institutions and employment nodes:

Direct Access to Academic Hubs: Straightforward transport links to Cape Peninsula University of Technology CPUT and the University of the Western Cape UWC Bellville campuses.

Workforce Proximity: Positioned right next to major retail, commercial, and industrial hubs across Goodwood, Parow, and Bellville.

Unmatched Transit: Steps away from high-frequency bus and taxi routes, ensuring tenants don''t need private vehicles.

Projected Financials & Yield Analysis

With a target market looking for secure, modern en-suite living, the building offers exceptional yield potential for Cape Town:

Estimated Rental per Room: R7,500 R9,500 month

Projected Monthly Gross Income: R592,500 R750,500

Projected Annual Gross Income: R7,110,000 R9,006,000

Indicative Gross Yield: 15.8 to 20 on the asking price

Investment Takeaway

This is a clean, scalable cash-flow play. Because the development is sitting at roughly 95 completion, the traditional multi-year construction risks, zoning delays, and building material escalations are completely off the table. A short runway stands between final finishes and a high-yielding, income-generating asset.

Rates & Taxes: To be finalized upon formal municipal valuation.

Viewing & Context: Viewings are strictly by appointment. To protect the developer''s timeline and scale of the transaction, proof of funds or a verified investment profile will be requested prior to site visits.