Sole Mandate
New Listing

Other for sale in Kempenville, Bellville

R18,500,000
  1. 1,700m²
  2. Web Ref: 1354247
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Property Features

ERF Size 1,700 m²
Building Size 1400m²

High Profitable Student Accommodation, Northern Suburbs, Cape Town

Well-established and fully operational student accommodation business situated in one of Cape Town's leading education hubs in the Northern Suburbs.

This purpose-built enterprise has earned a strong reputation for providing affordable, secure and professionally managed accommodation to students attending several major tertiary institutions in the area.

INVESTMENT HIGHLIGHTS

Fully operational turnkey business
100% occupancy secured for the 2026 academic year
Accommodation for 53 students across 34 furnished bedrooms
Three accommodation buildings located on two adjoining properties
Forecast revenue of approximately R3.7 million for 2026
EBITDA margin of approximately 54%
Student accommodation zoning in place
Occupation, fire and safety compliance secured
Established systems, procedures and experienced staff
Proven trading history with strong recurring income

FACILITIES INCLUDED

Four fully equipped communal kitchens
Four student lounges with televisions
Dedicated laundry facilities with cashless payment system
Free uncapped high-speed Wi-Fi
Secure parking
Weekly room cleaning services
Daily shuttle service to nearby tertiary institutions
Night security and comprehensive CCTV coverage
Solar power and battery backup systems to reduce costs and ensure uninterrupted operations during load shedding

GROWTH POTENTIAL
Although currently operating at full occupancy, opportunities exist to increase capacity through internal room reconfiguration. The adjoining properties also offer attractive long-term redevelopment potential, subject to the necessary approvals, allowing for future expansion of student accommodation capacity.

INCLUDED IN SALE

Two adjoining student accommodation properties
Furniture, fixtures and operational equipment
Existing student accommodation agreements
Experienced staff
Established operating systems and procedures
The current trading name, website and branding are excluded from the sale, allowing the purchaser complete flexibility to establish their own brand or integrate the business into an existing portfolio. Shuttle buses are available by separate negotiation.

Contact the broker

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Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

222 Main Road, Rondebosch

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