NO TRANSFER DUTY
456m² Building For Sale in Goodwood Estate
R45,000,000
Web Ref
CL397
79 Rooms with En-Suites | Prime Cape Town Location | Near-Completed Development
In a market where well-located residential investment stock is becoming increasingly scarce, this substantial purpose-built co-living development presents an outstanding opportunity to secure a large-scale asset designed for the future of urban accommodation.
Strategically positioned on one of Cape Town's busiest transport corridors, this impressive development has been created to meet the growing demand for secure, quality accommodation from students, graduates and young working professionals who require convenient access to universities, business districts and public transport.
With construction approximately 95% complete, investors have the advantage of acquiring a project that is approaching operational readiness while avoiding much of the uncertainty associated with early-stage developments.
A Development Built Around Demand
The property comprises 79 private rooms with en-suites , carefully integrated with a range of shared lifestyle facilities that encourage community living while maximising rental efficiency.
Features include:
• 79 private rooms with en-suites
• Contemporary communal kitchen and dining facilities
• Dedicated study and computer workspace
• Comfortable resident lounge and meeting areas
• Shared washroom facilities
• Laundry and utility rooms
• Secure access-controlled environment
• Layout specifically designed for high-occupancy management
Exceptional Positioning
Accessibility remains one of the strongest drivers of successful residential investments, and this address delivers on every level.
Located along the vibrant Voortrekker Road corridor, residents enjoy immediate access to key educational institutions, commercial precincts and major transport routes connecting the broader Cape Town metropolitan area.
The surrounding area benefits from continual demand generated by:
Major tertiary education institutions
Bellville, Goodwood and Parow business and industrial sectors
Retail and logistics employment hubs
Established taxi and bus transport networks
Expanding young professional rental market
Projected room rentals are estimated to be around R7,000 per suite per month
Investment Advantages
Rare large-scale co-living asset
Near-complete development reducing delivery risk
Multiple tenant markets including students and young professionals
High-density design optimised for income generation
Strong underlying demand fundamentals
Potential to further enhance returns through active management and occupancy optimisation
The project is approximately 95% complete, with final finishing work and remaining items to be confirmed.
Investment opportunities of this scale are seldom available.
Strategically positioned on one of Cape Town's busiest transport corridors, this impressive development has been created to meet the growing demand for secure, quality accommodation from students, graduates and young working professionals who require convenient access to universities, business districts and public transport.
With construction approximately 95% complete, investors have the advantage of acquiring a project that is approaching operational readiness while avoiding much of the uncertainty associated with early-stage developments.
A Development Built Around Demand
The property comprises 79 private rooms with en-suites , carefully integrated with a range of shared lifestyle facilities that encourage community living while maximising rental efficiency.
Features include:
• 79 private rooms with en-suites
• Contemporary communal kitchen and dining facilities
• Dedicated study and computer workspace
• Comfortable resident lounge and meeting areas
• Shared washroom facilities
• Laundry and utility rooms
• Secure access-controlled environment
• Layout specifically designed for high-occupancy management
Exceptional Positioning
Accessibility remains one of the strongest drivers of successful residential investments, and this address delivers on every level.
Located along the vibrant Voortrekker Road corridor, residents enjoy immediate access to key educational institutions, commercial precincts and major transport routes connecting the broader Cape Town metropolitan area.
The surrounding area benefits from continual demand generated by:
Major tertiary education institutions
Bellville, Goodwood and Parow business and industrial sectors
Retail and logistics employment hubs
Established taxi and bus transport networks
Expanding young professional rental market
Projected room rentals are estimated to be around R7,000 per suite per month
Investment Advantages
Rare large-scale co-living asset
Near-complete development reducing delivery risk
Multiple tenant markets including students and young professionals
High-density design optimised for income generation
Strong underlying demand fundamentals
Potential to further enhance returns through active management and occupancy optimisation
The project is approximately 95% complete, with final finishing work and remaining items to be confirmed.
Investment opportunities of this scale are seldom available.
Features
Zoning
Mixed Use
Exterior
Security
No
Sizes
Floor Size
456m²
Jenni Mulligan
Property Practitioner Registered with PPRA(FFC 0507095)
Cell 0849534889
Office 082 574 4405
