# Other for sale in Kempenville, Bellville - **Price:** R18,500,000 - **Location:** Kempenville, Bellville - **Web Ref:** 1354247 ## Details - ERF Size 1,700 m² - Building Size 1400m² ## Description 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. ## Agent - Thurston Hillebrand — 0614081553 — thurston.hillebrand@rawson.co.za ## Office - Rawson Remote — 021 204 8555 --- [View this property on rawson.co.za](https://rawson.co.za/commercial-property/for-sale/rawson-remote/1354247)